Business
Salary Sacrifice Share Admission and TVR
Salary Sacrifice Share Admission and TVR.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n\nECR MINERALS plc\n(\"ECR Minerals\" or the \"Company\")\nSalary Sacrifice Share Admission and Total Voting Rights\nECR Minerals plc (LON:ECR), the exploration and development company focused on gold in Australia, is pleased to confirm that the new ordinary shares awarded to four members of the board pursuant to the salary sacrifice announced on 19 September 2023 (\"Existing Directors Shares\") have been issued and allotted. Each of David Tang, Andrew Scott, Trevor Davenport and Adam Jones have received 5,714,285 Existing Directors Shares in lieu of an aggregate of £40,000 salary. This salary sacrifice is in addition to the further salary sacrifice that was announced on 16 November 2023.\nAdmission and Disclosure and Transparency Rules\nApplication has been made for 22,857,142 Existing Directors Shares to be admitted to trading on AIM (\"Admission\") and it is expected that Admission will become effective on or around 4 December 2023. The Existing Directors Shares will rank pari passu with the existing ordinary shares. Upon Admission, ECR's issued ordinary share capital will comprise 1,569,083,142 ordinary shares of 0.001p. This number will represent the total voting rights in the Company, and, following admission may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.\n \nFOR FURTHER INFORMATION, PLEASE CONTACT:\n \n\n\n\n\nECR Minerals plc\n\n\n\n\n\nTel: +44 (0) 20 7929 1010\n\n\n\n\n\n\n\nDavid Tang, Non-Executive Chairman\nNick Tulloch, Managing Director\nAndrew Scott, Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEmail:\[email protected]\n\n\n\n\n\n\n\n\n\n\n\n\n\nWebsite: www.ecrminerals.com\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWH Ireland Ltd\n\n\n \n\n\nTel: +44 (0) 207 220 1666\n\n\n\n\n\n\n\nNominated Adviser\nKaty Mitchell / Andrew de Andrade\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSI Capital Ltd\n\n\n\n\n\nTel: +44 (0) 1483 413500\n\n\n\n\n\n\n\nBroker\n\n\n\n\n\n\n\n\n\n\n\n\n\nNick Emerson\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNovum Securities Limited \n\n\n\n\n\nTel: +44 (0) 20 7399 9425\n\n\n\n\n\n\n\n...