Exercise of Warrants

RNS Number : 4259O

Kazera Global PLC

07 October 2021

 

07 October 2021

Kazera Global Plc

Exercise of Warrants

Kazera Global Plc ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company, announces that the Company has issued 16,666,666 ordinary shares in the Company ("Ordinary Shares") to satisfy the exercise of warrants by two of the Company's Directors, Giles Clarke and Nick Harrison. The exercise price for the warrants is 0.3 pence per share.

Application has been made to the London Stock Exchange to admit 16,666,666 new Ordinary Shares to trading on AIM. Admission of the New Ordinary Shares is expected to occur on or around 13 October 2021 ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Following the exercise of these warrants, Giles Clarke will increase his holding in the Company to 28,166,076 representing 3.76% of the issued share capital. Nick Harrison will increase his holding to 28,232,742 representing 3.77% of the issued share capital. A further 14,338,095 shares representing 1.92% of the issued share capital of the Company are held by Westleigh Investments Holdings Ltd, a company owned by Giles Clarke and Nick Harrison.

Following Admission, the issued share capital of the Company will be 747,462,275 Ordinary Shares and this figure may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in or change to their interest in the Company under the Disclosure Guidance and Transparency Rules published by the UK Financial Conduct Authority. There are no Ordinary Shares held in treasury and each Ordinary Share entitled the holder to a single vote at general meetings of the Company. Therefore, the total number of voting rights in the Company will be 747,462,275.

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

Kazera Global plc (c/o Camarco) Larry Johnson / Dennis Edmonds (Joint CEO's)	Tel: [phone]
finnCap (Nominated Adviser and Joint Broker) Christopher Raggett / Tim Harper (corporate finance)	Tel: [phone]
Camarco (PR) Gordon Poole / James Crothers / Hugo Liddy	Tel: [phone]

**ENDS**

About Kazera Global

Kazera Global is an investment company focused on opportunities principally, but not exclusively in the resources and energy sectors. The Company's first investment was in African Tantalum, a Namibian based operation of which it now owns 100%, followed in June 2020 by the acquisition of its South African diamond and mineral sands assets.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Giles Clarke
2.	Reason for the Notification
a)	Position/status	Chairman
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Kazera Global plc
b)	LEI	213800U4PZ148SFLGY26
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Exercise of Warrants over Ordinary Shares
	Identification code	GB00B830HW33
b)	Nature of the transaction	Exercise of Warrants and Sale of Ordinary Shares
c)	Price(s) and volume(s)	Number Price Exercise of Warrants 8,333,333 0.3p
d)	Aggregated information: Aggregated volume Price	See 4c) above
e)	Date of the transaction	6 October 2021
f)	Place of the transaction	London Stock Exchange, AIM Market

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nick Harrison
2.	Reason for the Notification
a)	Position/status	Director
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Kazera Global plc
b)	LEI	213800U4PZ148SFLGY26
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Exercise of Warrants over Ordinary Shares
	Identification code	GB00B830HW33
b)	Nature of the transaction	Exercise of Warrants and Sale of Ordinary Shares
c)	Price(s) and volume(s)	Number Price Exercise of Warrants 8,333,333 0.3p
d)	Aggregated information: Aggregated volume Price	See 4c) above
e)	Date of the transaction	6 October 2021
f)	Place of the transaction	London Stock Exchange, AIM Market

 

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