Business
ISSUE OF SUBSCRIBER SHARES
ISSUE OF SUBSCRIBER SHARES.
About this update from Ariana Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7328G\n Ariana Resources PLC\n 31 March 2022\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 31 March 2022\n \n \n AIM: AAU\n \n \n ISSUE OF SUBSCRIBER SHARES\n \n \n TOTAL VOTING RIGHTS\n \n \n \n \nFurther to the announcement of 24 March 2022, Ariana Resources plc (\"Ariana\" or the \"Company\"), an AIM-listed mineral exploration and development company with gold mining interests in Europe, is pleased to announce the issue of 46,185,387 new ordinary shares in the Company at 0.411 GBP per share (the \"Subscriber Shares\").\n \n \n The Subscriber Shares are being issued to Newmont Corporation (\"Newmont\") as consideration for the investment by Newmont of US$2.5 million in Ariana as announced.\n \n \n Application is being made for the Subscriber Shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM (\"Admission\"). Admission is expected on or around 4 April 2022. \n \n \n For the purposes of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority (\"FCA\"), at Admission the Company's issued share capital will consist of 1,142,863,330 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 1,142,863,330.\n \n \n \n \n \n Contacts:\n \n \n \n \n \n \n \n \n Ariana Resources plc\n \n \n \n \n Tel: +44 (0) 20 3476 2080\n \n \n \n \n \n \n Michael de Villiers, Chairman\n \n \n \n \n \n \n \n \n \n \n \n \n \n Kerim Sener, Managing Director\n \n \n \n \n \n \n \n \n \n \n \n \n \n Beaumont Cornish Limited\n \n \n \n \n Tel: +44 (0) 20 7628 3396\n \n \n \n \n \n \n Roland Cornish / Felicity Geidt\n \n \n \n \n \n \n \n \n \n \n \n \n \n Panmure Gordon (UK) Limited\n \n \n \n \n Tel: +44 (0) 20 7886 2500\n \n \n \n \n \n \n John Prior / Hugh Rich / Atholl Tweedie\n \n \n \n \n \n \n \n \n \n \n \n \n \n Yellow Jersey PR Limited\n \n \n \n \n Tel: +44 (0) 20 3004 9512\n \n \n \n \n \n \n Dominic Barretto / Henry Wilkinson\n \n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \nEditors' Note:\n \n \n About Western Tethyan Resources Ltd:\n \n \n Western Tethyan Resources Ltd (\"WTR\") is a...