Admission of Shares

 

RNS Number : 3786F

Xtract Resources plc

27 July 2016

Xtract Resources Plc

(“Xtract” or “the Company”)

 

Admission of Shares

 

Xtract Resources (AIM:XTR) confirms that further to its announcement on 20 July 2016, application has been made for 3,171,966,959 Ordinary Shares of 0.01p in the Company (together, the “New Shares”) to be admitted to trading on AIM (“Admission”), with Admission expected to occur on 28 July 2016.

The New Shares include 1,538,461,538 Ordinary Shares issued pursuant to the Placing to raise £1 million (before expenses), the issue of 1,032,811,415 Ordinary Shares to YAGM pursuant to the draw down of £671,000 from its existing SEDA and 600,694,006 Ordinary Shares to Manica Creditors.

 Following Admission, the Company will have 12,912,728,545 ordinary shares in issue with voting rights. Xtract does not currently hold any shares in treasury. Accordingly, this figure of 12,912,728,545 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.

 

Enquiries:

Xtract Resources Plc

Jan Nelson, CEO

 

+44 (0)20 3416 6471

 

Cenkos Securities plc

Derrick Lee

Beth McKiernan

+44 (0)131 220 6939

Beaufort Securities

Jon Beliss

 

+44 (0)207 382 8300

St James’s Corporate Services

Phil Dexter

 

+44 (0)20 7796 8647

+44 (0)7798 634398

Gable Communications

Justine James

xtract@gablecommunications.com

+44 (0)20 7193 7463

+44 (0) 7525 324431

 


This information is provided by RNS

The company news service from the London Stock Exchange

 

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