Issue of Shares and TVR

Bezant Resources PLC

10 November 2023

 

10 November 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 in accordance with the authority granted at its Annual General Meeting on 28 July 2023 it is issuing 44,056,553 new Ordinary Shares of 0.002p each (the "Consultancy Fee Shares") at the VWAP of the Bezant share price during the periods during which the consultancy fees accrued to settle £20,700 of consultancy fees at an average VWAP of 0.047 pence per Ordinary Share as per the table below:

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 16 November 2023.

Issued Share Capital: Following the issue of the Consultancy Fee Shares, the Company's total issued share capital will consist of 7,682,029,589 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 7,682,029,589 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	[phone]
Beaumont Cornish Limited - Nomad Roland Cornish/Asia Szusciak	[phone]
Novum Securities Limited - Joint Broker Jon Belliss	[phone]
Shard Capital Partners LLP - Joint Broker Damon Heath	[phone]

or visit https://www.bezantresources.com/

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").

 

END