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Ariana Resources plc : Issue of Equity

Ariana Resources plc : Issue of Equity.

articleAriana Resources PlcApril 12, 20164/company/ariana-resources-plc/news/ariana-resources-plc-issue-of-equity
Ariana Resources plc : Issue of Equity

About this update from Ariana Resources Plc

[{"type":"text","content":"\n Ariana Resources plc : Issue of Equity12 April 2016AIM: AAUISSUE OF EQUITYTOTAL VOTING RIGHTSAriana Resources plc (\"Ariana\" or \"the Company\"), announces that it has issued 7,048,261 new ordinary shares of 0.1 pence each in the capital of the Company (\"Placing Shares\") at a price of 1.15 pence per Placing Share.  The Placing Shares are being issued in part payment for services rendered and fees due.Application has been made for the Placing Shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM (\"Admission\").  Admission is expected to take place on or around 18 April 2016.Further to Admission, the Company's issued share capital will consist of 809,108,456 ordinary shares with a nominal value of 0.1p each, with voting rights (\"Ordinary Shares\").  The Company does not hold any Ordinary Shares in Treasury.  Therefore the total number of Ordinary Shares in the Company with voting rights is 809,108,456.Contacts:Ariana Resources plc Tel: +44 (0) 20 7407 3616 Michael de Villiers, Chairman   Kerim Sener, Managing Director       Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396 Roland Cornish / Felicity Geidt       Beaufort Securities Limited Tel: +44 (0) 20 7382 8300 Jon Belliss       Loeb Aron & Company Ltd. Tel: +44 (0) 20 7628 1128 John Beresford-Peirse       IFC Advisory Limited Tel: +44 (0) 20 3053 8671 Tim MetcalfeGraham HerringHeather Armstrong   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: Ariana Resources plc via GlobenewswireHUG#2002716\n \n ","length":5732,"tagName":"div"}]

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