Update on the Simplifying Group Structure

RNS Number : 7179P

Goldplat plc

19 February 2021

 

G oldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

19 February 2021

Goldplat   plc

( 'Goldplat', t he   'Group' or 'the   Company')

Update on the Simplifying Group Structure

G oldplat plc, the AIM quoted gold producer, with international gold recovery operations located in South Africa and Ghana, wishes to provide a clarification and an update to the announcement of 15 February 2021 concerning the proposed restructuring of the Group which stated that the 74% shareholding of Gold Minerals Resources Limited (intermediate holding company) in Goldplat Recovery (Pty) Ltd ('GPL') has been transferred to Goldplat. The transfer of this shareholding is subject to the waiver of pre-emptive rights by minority shareholders of GPL. The consultation process with the minority shareholders is underway and Company will keep the market updated as the transfer of shares and the restructuring plan generally is progressed and completed.

For further information visit www.goldplat.com, follow on Twitter @GoldPlatPlc or contact:

Werner Klingenberg	Goldplat plc (CEO)	Tel: [phone]
Colin Aaronson / Harrison Clarke/Seamus Fricker	Grant Thornton UK LLP (Nominated Adviser)	Tel: [phone]
James Joyce / Jessica Cave	WH Ireland Limited (Broker)	Tel: [phone]
Tim Thompson / Mark Edwards / Fergus Mellon	Flagstaff Strategic and Investor Communications	Tel: [phone] [e-mail]

Th e information contained within this announcement is deemed to constitute inside information as stipulated under the UK Market Abuse Regulation. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

END

 

 

UPDSFESAUEFSEEE