Exercise of Options

RNS Number : 8190I

Kazera Global PLC

23 March 2018

 

23 March 2018

Kazera Global plc

Exercise of Options

Kazera Global Plc ("Kazera Global" or "the Company"), the AIM quoted investment company who, through its stake in African Tantalum (Pty) Limited ("Aftan"), has an interest in the Namibia Tantalite Investment Mine in Namibia, announces that two former directors of the Company, have today each exercised options over 1,066,470 ordinary shares of 1p each ("Ordinary Shares") at an exercise price of 1.25 pence per Ordinary Share.

The new Ordinary Shares issued pursuant to the exercise of options will rank pari passu with the Company's existing issued Ordinary Shares. Application has been made for 2,132,940 new Ordinary Shares to be admitted to the AIM Market of the London Stock Exchange ("AIM"). Admission is expected to become effective on or around 29 March 2018 ("Admission").

Following Admission, the Company's issued share capital will comprise 256,849,443 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. This figure of 256,849,443 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 Financial Conduct Authority's Disclosure and Transparency Rules.

For further information on the Company, visit: kazeraglobal.com or contact:

Kazera Global plc (c/o Camarco)	Tel: [phone]
Larry Johnson (CEO)
finnCap (Nominated Adviser and Joint broker) Christopher Raggett / Scott Mathieson / Anthony Adams (corporate finance) Simon Johnson (corporate broking)	Tel: [phone]
Shore Capital (Joint broker) Mark Percy / Toby Gibbs (corporate finance) Jerry Keen (corporate broking)	Tel: [phone]
Camarco (PR) Gordon Poole / James Crothers / Monique Perks	Tel: [phone]

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

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