Issue of Equity and TVR

RNS Number : 9943L

Bezant Resources PLC

09 January 2023

 

9 January 2023

Bezant Resources Plc

("Bezant" or the "Company") 

Issue of shares and TVR

Bezant (AIM: BZT), the AIM quoted copper-gold exploration and development company, announces that it is issuing 7,926,024 new Ordinary Shares (the "Consultancy Fee Shares") at 0.0757 pence per share, which is the 3 month VWAP of the Bezant share price for the three months to 9 December 2022, to settle consultancy fees of £6,000 due in relation to the three months to 9 December 2022.

Application to trading on AIM : Application will be made to the London Stock Exchange for the  Consultancy Fee Shares, which when issued will rank pari passu with the existing Ordinary Shares in issue to be admitted to trading on AIM (the "Admission"). It is expected that Admission will become effective and that dealings in the Consultancy Fee Shares will commence at 8.00 a.m. on or around 13 January 2023.

Issued Share Capital : Following the issue of the Consultancy Fee Shares, the Company's total issued share capital will consist of 5,089,325,137 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury and accordingly there are no voting rights in respect of any treasury shares. 

Total Voting Rights On Admission, the above mentioned figure of 5,089,325,137 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 to their interest in, Bezant under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information, please contact :

Bezant Resources plc Colin Bird Executive Chairman Beaumont Cornish (Nominated Adviser) Roland Cornish Novum Securities Limited (Broker) Jon Belliss or visit http://www.bezantresources.com	[phone] [phone] [phone]
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

 

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