Notification to Shareholders - 2025 Rights Price

Golden Prospect Precious Metals Ltd

04 December 2024

 

4 December 2024

Golden Prospect Precious Metals Limited

(the "Company")

Notification to Shareholders in regard to the 2025 Subscription Rights

Shareholders are reminded that they have the right to subscribe for one new Ordinary Share for every five Ordinary Shares held in the Company on 30 November each year, as outlined in the circular published and sent to shareholders on 4 November 2022.

The Company announces the third Subscription Rights Price as being set at 48.00 pence, being the NAV of the Company on 2 December 2024 (given that 30 November 2024 was a non-trading day). The exercise date for the third Subscription Right is expected to be Monday 1 December 2025.

The new Ordinary Shares subscribed for will be issued within 14 Business Days of the relevant Subscription Date to those Shareholders in whose name the Ordinary Shares are registered on the Subscription Date.

The Board reserves its right to reject subscriptions for Ordinary Shares if the share price is equal to or lesser than the Subscription Price on the exercise date.

Enquiries
Manulife | CQS Investment Management       Craig Cleland	[phone]
Cavendish Capital Markets Limited Tunga Chigovanyika (Corporate Finance) Daniel Balabanoff / Pauline Tribe (Sales)	[phone] [phone]
Apex Administration (Guernsey) Limited James Taylor	[phone]
Tavistock Jos Simson / Gareth Tredway / Ruairi Millar	[phone]

About Golden Prospect Precious Metals

Golden Prospect Precious Metals Limited is a closed-ended investment company incorporated with limited liability in Guernsey on 16 October 2006, which was established to provide a listed entity for investors to gain exposure to the Company's investment strategy within the gold and precious metals sector.

For the latest factsheet and other information, click here.

 

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