Business
Result of General Meeting, Issue of Equity, TVR
Result of General Meeting, Issue of Equity, TVR.
About this update from Reabold Resources Plc
[{"type":"text","content":"\n \nRNS Number : 4644T Reabold Resources PLC 12 October 2017 \n\n \n\n\n\n\nFor immediate release\n\n\n12 October 2017\n\n\n\n\n \n\n\n \n\n\n\n\nReabold Resources plc (\"Reabold\" or the \"Company\")\nResult of General Meeting\nIssue of Equity\nTotal Voting Rights\n \nReabold, the AIM listed investment company operating in the natural resources sector, is pleased to announce that at the general meeting (\"GM\") held earlier today, all resolutions were passed.\nAccordingly, authorities have been granted to the directors to allot new ordinary shares up to an aggregate nominal amount of £1,000,000 on a non pre-emptive basis.\n \nOn 2 October 2017, the Company announced a proposed subscription for a total of 352,000,000 new ordinary shares of 0.1 pence each (the \"Ordinary Shares\") in the capital of the Company (the \"Subscription Shares\") at a price of 0.5 pence per Subscription Share (the \"Subscription Price\") to raise, in aggregate, £1.76 million (before expenses) (the \"Subscription\") conditional on Shareholder approval being given at the GM. \nFurther to Shareholder approval being given today, the Subscription Shares, will be issued, will be fully paid and will rank pari passu in all respects with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid after the date of issue.\nApplication has been made for the Subscription Shares to be admitted to trading on the AIM market (\"AIM\") of London Stock Exchange plc (the \"London Stock Exchange\"), (\"Admission\"), and Admission is expected to take place on or around 13 October 2017.\nSettlement for the Subscription Shares, and Admission is expected to take place on or before 8.00 a.m. on 13 October 2017. \nTotal Voting Rights\nFollowing completion of the Subscription, the number of shares in issue will be 1,540,415,896. \n \n \nEnquiries:\n\n\n\n\nReabold Resources plc\n \n\n\nSachin Oza \nStephen Williams\nAnthony Samaha\n \n\n\nC/o Camarco\nTel: 020 3757 4980\n \n\n\n\n\nBeaumont Cornish Limited\n\n\nRoland Cornish\nFelicity Geidt\n\n\nTel: 020 7628 3396\n\n\n\n\nWhitman Howard Limited\n\n\nNick Lovering\nGrant Barker\n\n\nTel: 020 7659 1234\n\n\n\n\nTurner Pope Investments (TPI) Ltd - Joint Broker\n\n\nAndy Thacker\n\n\nTe...