Business
Admission of Tungsten West plc to AIM
Admission of Tungsten West plc to AIM.
About this update from Hargreaves Services Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8006P\n Hargreaves Services PLC\n 21 October 2021\n \n \n \n \n Hargreaves Services plc \n \n \n (\"Hargreaves\" or the \"Group\")\n \n \n \n \n \n Admission of Tungsten West plc to the Alternative Investment Market \n \n \n \n \n \n \n Hargreaves Services plc \n \n (AIM: HSP), a diversified group delivering services to the industrial and property sectors, notes today's admission of shares in Tungsten West plc (\"TWL\") to trading on the Alternative Investment Market (\"AIM\").\n \n \n \n \n The Group is party to an exclusive Mining Services Agreement with Drakelands Restoration Limited (\"DRL\"), a subsidiary of TWL, details of which are disclosed in the Admission Document of TWL which can be accessed at:\n \n https://www.tungstenwest.com/aim-admission-document.\n \n One aspect of this agreement is that independent of any mining activity being carried out at the site, DRL is due to pay Hargreaves £1m on 29 November 2021 and an equivalent sum each year for the following seven years.\n \n The Board congratulates TWL on their admission to AIM and wishes them every success.\n \n \n \n \n \n For further details:\n \n \n \n \n \n \n \n \n \n \n \n Hargreaves Services\n \n \n Gordon Banham, Chief Executive Officer\n \n \n John Samuel, Group Finance Director\n \n \n \n \n \n \n \n www.hsgplc.co.uk\n \n \n Tel: 0191 373 4485\n \n \n \n \n \n \n Walbrook PR (Financial PR & IR)\n \n \n Paul McManus /Lianne Cawthorne\n \n \n \n \n \n \n \n \n Tel: 020 7933 8780 or \n [email protected]\n \n Mob: 07980 541 893 / 07584 391 303\n \n \n \n \n \n \n \n \n \n Singer Capital Markets (Nomad and Joint Corporate Broker)\n \n \n Sandy Fraser/Justin McKeegan/Rachel Hayes\n \n \n \n \n \n \n \n Tel: 020 7496 3000\n \n \n \n \n \n \n Investec (Joint Corporate Broker)\n \n \n Sara Hale/David Anderson/Shalin Bhamra\n \n \n \n \n Tel: 020 7597 5970\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n About Hargreaves Services plc (\n \n www.hsgplc.co.uk\n \n )\n \n \n \n Hargreaves Services plc is a diversified group delivering services to the industrial and property sectors, supporting key industries within the UK and South East Asia. The Company's three business segments are Services, Hargreaves Land and an ...