Exercise of warrants

Exercise of warrants

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

 

06 October 2015

Vast Resources plc 
("Vast" or the "Company")

Exercise of warrants

Vast Resources plc, the AIM listed resource and development company, announces that application has been made for 7,500,000 new ordinary shares of 0.1p each to be admitted to trading on AIM pursuant to the exercise of warrants by an adviser to the Company (the "Warrant Exercise"). Of the warrants exercised, 3,000,000 have an exercise price per share of 0.5 pence and 4,500,000 have an exercise price of 0.6 pence.

The 7,500,000 new ordinary shares issued pursuant to the Warrant Exercise will rank pari passu with the Company's existing ordinary shares and admission to trading on AIM is expected to occur at 8:00 am on 12 October 2015 ("Admission").

Following Admission, the total number of voting rights in the Company will be 1,480,848,989, with each ordinary share carrying the right to one vote.

The above figure of 1,480,848,989 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 VAST under the FCA's Disclosure and Transparency Rules.

*** ENDS ***

For further information visit www.vastresourcesplc.com or please contact:

Vast Resources plc
Roy Tucker (Finance Director) 

 

 

+44 (0) 1622 816918 
+44 (0) 7920 189012
Roy Pitchford (Chief Executive Officer) +263 (0) 7721 69833 
+40 (0) 7411 11900  
+44 (0) 7793 909985
  
Strand Hanson Limited - Financial & Nominated Adviser 
James Spinney 
Ritchie Balmer 
James Bellman
www.strandhanson.co.uk 
+44 (0) 20 7409 3494
  
Daniel Stewart and Company plc - Joint Broker 
Martin Lampshire
David Coffman
www.danielstewart.co.uk 
+44 (0) 20 7776 6550
 

Dowgate Capital Stockbrokers Ltd - Joint Broker
Jason Robertson
Neil Badger

 
 

www.dowgatecapitalstockbrokers.co.uk
+44 (0)1293 517744

 
St Brides Partners Ltd
Charlotte Heap
Hugo de Salis
www.stbridespartners.co.uk 
+44 (0) 20 7236 1177



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vast Resources plc via Globenewswire

HUG#1956858
UK 100

Latest directors dealings