Business
Warrant Exercise and Director Dealing
Warrant Exercise and Director Dealing.
About this update from Shuka Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 9511H Edenville Energy PLC 13 June 2017 \n\n \n13 June 2017\n \n \n \nEDENVILLE ENERGY PLC\n(\"Edenville\" or the \"Company\")\n \nWarrant Exercise and Director Dealing\n \nEdenville Energy plc (AIM: EDL) announces that the Company has issued a total of 14,722,442 ordinary shares of 0.02p each in the Company (\"Ordinary Shares\") following receipt of a notice to exercise warrants (\"New Ordinary Shares\"). \n \nThe Company has received notice from JIM Nominees Ltd to exercise 14,722,442 warrants at an exercise price of 0.60p each into 14,722,442 New Ordinary Shares. The total consideration received by the Company pursuant to the warrant exercise will be £88,334.65.\n \nIncluded within the JIM Nominees Ltd warrant exercise are 1,111,111 warrants held beneficially by the Company's Chief Executive, Rufus Short. Following the exercise of these 1,111,111 warrants into Ordinary Shares, for a total consideration of £6,666.67, Rufus Short's holding in the Company will be 3,333,113 Ordinary Shares, equating to 0.30% of the Company's share capital as enlarged by the warrant exercise.\n \nApplication will be made for the 14,722,442 New Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM (\"Admission\"). Admission is expected to occur at 8.00 a.m. on 19 June 2017.\n \nFollowing Admission, the Company will have 1,101,786,807 Ordinary Shares, with voting rights, in issue. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.\n \nThis announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.\n \nFor further information please contact:\n \n\n\n\n\n\n\n\n\n\n\n\n\nEdenville Energy Plc\nJeff Malaihollo - Chairman\nRufus Short - CEO\n\n\n+44 (0) 20 7652 9788\n\n\n\n\n \nNorthland Capital Partners Limited\n(Nominated Adviser)\nGerry Beaney\nDavid Hignell\n \n\n\n \n+44 (0) 20 3861 6625\n\n\n\n\n \nOptiva Securities Limited\n(Broker)\nJeremy King\nGraeme Dickson\n \n\n\n \n+44 (0) 20 3137 1902\n\n\n\n\nIFC Advis...