Allotment of Ordinary Shares

RNS Number : 6690E

Baker Steel Resources Trust Ltd

11 April 2011

 



BAKER STEEL RESOURCES TRUST LIMITED

(Incorporated in Guernsey with registered number 51576 under the provisions of The Companies (Guernsey) Law, 2008 as amended)

11 April 2011

Allotment of Ordinary Shares

Baker Steel Resources Trust Limited ("the Company") announces that as of today the Directors have allotted (subject only to admission) a total of 2,429 Ordinary Shares of no par value in the capital of the Company in connection with holders of 2,429 Subscription Shares electing to subscribe for Ordinary Shares at a subscription price of 100 pence per Ordinary Share.
 
As a result of this allotment there are now 66,033,061 Ordinary Shares in issue.

Applications will be made shortly for the Ordinary Shares allotted above to be admitted to the Official List of the UK Listing Authority, and for admission to trading on the main market of the London Stock Exchange.  In the absence of any unforeseen circumstances dealings are expected to commence in the newly allotted Ordinary shares on 14 April 2011.

Enquiries:

Baker Steel Resources Trust Limited     [phone]

Francis Johnstone
Trevor Steel

Winterflood Investment Trusts               [phone]/0250

Robert Peel

James Moseley

RBC Capital Markets                           [phone]

Martin Eales

Pelham Bell Pottinger

Damian Beeley                                     [phone]

Charles Vivian                                      [phone]

The Company's ticker is BSRT and its website address www.bakersteelresourcestrust.com

 

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