Gunsynd Plc
("Gunsynd" or the "Company")
Issue of Equity
Gunsynd (AIM: GUN) announces that further to its announcement of 23 June 2025, the Company has issued 45,641,636 new ordinary shares at a weighted average price of 0.0996 pence per share ("Vendor Shares") to the Vendor of the Barb Project in line with the second, third and fourth tranche payments due to the Vendor under the Agreement. The breakdown of the Vendor Shares is set out below:
|
Tranche |
Number of ordinary shares |
Issue price (pence) |
|
2 |
14,007,545 |
0.1094 |
|
3 |
14,253,877 |
0.1059 |
|
4 |
17,380,214 |
0.0865 |
Admission
Application will be made to the London Stock Exchange for the admission of the Vendor Shares to trading on AIM ("Admission"). Admission is expected to occur on or around 21 October 2026. The new Ordinary Shares will rank pari passu with the existing ordinary shares.
Total Voting Rights
For the purposes of the Disclosure and Transparency Rules, following Admission, the Company's issued share capital will comprise 1,661,239,968 ordinary shares of 0.085 pence each. This figure may be used by shareholders as the denominator for calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of the UK version of the Market Abuse Regulation (EU) 596/2014 (UK MAR). Upon publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
For further information, please contact:
|
Gunsynd plc Hamish Harris |
+44 (0) 20 3582 6636 |
|
Cairn Financial Advisers LLP Liam Murray / James Western |
+44 20 7213 0880 |
|
AlbR Capital Limited Lucy Williams |
+44 20 7469 0936 |
Forward Looking Statements
This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company's ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.