Exercise of Warrant and Issue of Equity
04 Juin 2010 - 12:54PM
UK Regulatory
TIDMPNG
RNS Number : 0949N
Persian Gold PLC
04 June 2010
4 June 2010
PERSIAN GOLD PLC
Exercise of Warrants and Issue of Equity
Persian Gold Plc (the "Company"), has received notification of the exercise of
warrants to acquire 510,637 ordinary 0.25p shares in the Company (the "Warrant
Shares"). The exercise price for the Warrant Shares is 4p per Warrant Share and
the aggregate subscription price for the Warrant Shares has been received by the
Company .
Application has been made for the Warrant Shares, which will rank pari passu
with the Company's existing ordinary shares in issue, to be admitted to trading
on AIM. It is expected that admission will be effective and that dealings in the
Warrant Shares will commence on 10 June 2010.
Following the issue of the Warrant Shares, the enlarged issued share capital of
the Company will be 75,172,835 ordinary shares. The above figure may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to their
interest in, the share capital of the Company under the Disclosure and
Transparency Rules.
Enquiries:
+-----------------------------+-----------------------------+
| Persian Gold PLC | |
+-----------------------------+-----------------------------+
| John Teeling, Executive | +353 (0) 1 8332833 |
| Chairman | |
| | |
+-----------------------------+-----------------------------+
| FinnCap | |
+-----------------------------+-----------------------------+
| Matthew Robinson | +44 (0) 20 7600 1658 |
| Henrik Persson | |
| | |
+-----------------------------+-----------------------------+
| College Hill | |
+-----------------------------+-----------------------------+
| Nick Elwes | +44 (0) 20 7457 2020 |
| | |
| | |
+-----------------------------+-----------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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