Issue of Equity

RNS Number : 8156B

Kefi Gold and Copper PLC

12 October 2020

 

12 October 2020

KEFI Gold and Copper plc

("KEFI" or the "Company")

Issue of Equity

KEFI (AIM: KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, has received notice from a warrant holder to exercise warrants over a total of 8,461,538 new Ordinary Shares of 0.1p each ("New Ordinary Shares") at a price of 0.65 pence per share . Accordingly, KEFI has today allotted and issued 8,461,538 New Ordinary shares. 

Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM with admission ("Admission") expected to occur on or around 16 October 2020.

Total Voting Rights

Following Admission of the 8,461,538 New Ordinary Shares, the total issued share capital of the Company will consist of 1,875,565,471 Ordinary Shares each with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 1,875,565,471   and this 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Enquiries

KEFI Gold and Copper plc
Harry Anagnostaras-Adams (Managing Director)	[phone]
John Leach (Finance Director)	[phone]
SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker)	[phone]
Jeff Keating, Soltan Tagiev
Brandon Hill Capital Ltd (Joint Broker)	[phone]
Oliver Stansfield, Jonathan Evans
IFC Advisory Ltd (Financial PR and IR)
Tim Metcalfe, Florence Chandler	[phone]

 

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