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Issue of Equity, Warrant Grant and Total Voting...
Issue of Equity, Warrant Grant and Total Voting....
About this update from Ariana Resources Plc
[{"type":"text","content":"\n \n\n\n\n\n8 September 2011\nAIM / PLUS Markets: AAU\n\n ISSUE OF EQUITY\n\n GRANT OF WARRANTS\n\n TOTAL VOTING RIGHTS\n\nThe Board of Ariana Resources plc (\"Ariana\" or \"the Company\"), the gold\nexploration and development company focused on Turkey, today announces that it\nhas received requests  for the exercise of a total of 2,262,632 warrants which\nwere granted as a one for one with placing shares announced on 18 February\n2011, exercisable at 4.75p each within twelve months of date of admission (\"the\nExercise\"),\n\nApplication will be made for the 2,262,632 new ordinary shares issued pursuant\nto the Exercise, which will rank pari passu, with all existing ordinary shares,\nto be admitted to trading on AIM.  Admission is expected to take place on or\naround 14 September 2011 (\"Admission\").\n\nIn addition, and pursuant to the arrangements made at the time of the placing\nreferred to above, the Company have issued 24,513,158 warrants on the same terms\nto Rivington Street Holdings.\n\nAt Admission, the Company's issued share capital will consist of 256,198,650\nOrdinary Shares with a nominal value of 1p each, with voting rights (\"Ordinary\nShares\").  The Company does not hold any Ordinary Shares in Treasury.  Therefore\nthe total number of Ordinary Shares in the Company with voting rights will be\n256,198,650.\n\nThe above figure of 256,198,650 Ordinary Shares may be used by shareholders in\nthe Company as the denominator for the calculations by which they will determine\nif they are required to notify their interest in, or a change to their interest\nin, the share capital of the Company under the Financial Service Authority's\nDisclosure and Transparency Rules.\n\n\n\nContacts:\n\n Ariana Resources plc Tel: +44 (0) 20 7407 3616\n\n Michael Spriggs, Chairman\n\n Kerim Sener, Managing Director\n\n\n\n Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396\n\n Roland Cornish / Felicity Geidt\n\n\n\n St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177\n\n Hugo de Salis / Susie Geliher\n\n\n\n\n\n\n\n\n\n\nThis announcement is distributed by Thomson Reuters on behalf of \nThomson Reuters clients. The owner of this announcement warrants that: \n(i) the releases contained herein are protected by copyright and \n other applicable laws; and \n(ii) they are solely responsible for the content, ac...