Disclosure of charge over shares

RNS Number : 9081F

Bens Creek Group PLC

10 November 2022

 

10 November 2022

Bens Creek Group plc

("Bens Creek" or the" Company") 

Disclosure of charge over shares

Bens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announces that it has become aware that, on 27 October 2022, the Company's largest shareholder, MBU Capital Group Limited ("MBU Capital"), entered into a charge in favour of Bluestar Global Capital Limited ("Bluestar") over all of the ordinary shares which MBU Capital owns in Bens Creek (the "Charge").

The number of shares subject to the Charge is 212,601,701 ordinary shares of 0.1p each in the capital of the Company (the "Ordinary Shares"), representing approximately 56.78% of the Company's Ordinary Shares.

Bluestar currently own 14,887,777 Ordinary Shares, representing 3.97% of the Company's Ordinary Shares.

For further information please contact:

Bens Creek Group plc Adam Wilson, CEO Murat Erden, CFO	[phone]
Allenby Capital Limited (Nominated Adviser and Joint Broker) Nick Athanas / Nick Naylor / George Payne (Corporate Finance) Kelly Gardiner (Sales and Corporate Broking)	[phone]
Optiva Securities Limited (Joint Broker) Christian Dennis / Mariela Jaho / Daniel Ingram	[phone]

 

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