Exercise of Options

RNS Number : 0280Q

Kefi Minerals plc

01 November 2012

 



KEFI Minerals Plc

("KEFI Minerals" or the "Company")

AIM: KEFI

Exercise of Options

KEFI Minerals, an AIM-quoted gold and copper exploration company with projects in the Kingdom of Saudi Arabia, is pleased today announces that it has allotted 2,500,000 ordinary shares of 1 penny each ( "Ordinary Shares") following the exercise of options. The options all had an exercise price of 3p and an expiry date of 11 December 2012.  Application has been made for 2,500,000 Ordinary Shares to be admitted to trading on AIM and admission is expected to occur on 6 November 2012.

For the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital, following admission of the Ordinary Shares referred to above, will comprise 471,346,356 Ordinary Shares.  The above figure may be used by shareholders 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, the Company under the Disclosure and Transparency Rules.

Enquiries:

KEFI Minerals plc             www.kefi-minerals.com

Jeffrey Rayner                     [phone]

Fox Davies Capital Limited

Simon Leathers                  [phone]

Bishopgate Communications

Nick Rome                           [phone]

Further information on KEFI Minerals is available at www.kefi-minerals.com 

 

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