This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR
3 July 2025
Wishbone Gold Plc
("Wishbone" or the "Company")
London AIM & Aquis: WSBN
Issue of Equity and Total Voting Rights
Director/PDMR Shareholdings
Further to the announcement of 11 June 2025, of a total fundraise with gross proceeds of £1,750,000 at a placing price of 0.13 pence per share ("Placing Price") (the "Fundraise"), the Company announces that 230,769,230 new ordinary shares have now been subscribed as part of the total fundraise by certain Group Directors as set out below at the Placing Price for £300,000 following the publication of the Company's December 2024 Accounts.
Application is being made for the 230,769,230 new ordinary shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on the AIM and AQSE markets ("Admission"). Admission is expected to commence on or about 7 July 2025.
Following Admission, the Director/PDMR shareholdings will be as follows:
|
Directors/PDMR |
Enlarged shareholding |
Interest in enlarged issued share capital |
|
Richard Poulden |
104,722,547 |
4.04% |
|
Jack Sun |
76,923,077 |
2.96% |
|
Edward Mead |
76,923,077 |
2.96% |
Richard Poulden is deemed to be interested in 84,635,966 Ordinary Shares held in his own name and in trusts for the benefit of his family. He is also deemed to be interested in 20,086,581 shares held by the Black Swan Group of which he is Chairman.
Total Voting Rights ("TVR")
The Company's total issued and voting share capital at Admission will consist of 2,594,894,153 Ordinary Shares. This figure 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, securities of the Company.
For more information on Wishbone, please visit the Company's website.
END
For further information, please contact:
|
Wishbone Gold PLC |
|
|
Richard Poulden, Chairman |
Tel: +971 4 584 6284 |
|
Beaumont Cornish Limited |
|
|
(Nominated Adviser and AQUIS Exchange Corporate Adviser) |
|
|
Roland Cornish/Rosalind Hill Abrahams |
Tel: +44 20 7628 3396 |
Nominated Adviser Statement
Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish has not authorised the contents of, or any part of, this document and no liability whatsoever is accepted by Beaumont Cornish for the accuracy of any information, or opinions contained in this document or for the omission of any information. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders, or any other person.
APPENDIX
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name |
Richard Poulden |
||||||
|
2 |
Reason for the notification |
|||||||
|
a) |
Position/status |
Director |
||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
WISHBONE GOLD PLC |
||||||
|
b) |
LEI |
213800461314SZQHSV87 |
||||||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 0.1 pence each ISIN: GB000A2PX455 |
||||||
|
b) |
Nature of the transaction |
Purchase of Ordinary Shares. |
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information
|
n/a (single transaction) 76,923,076 £0.0013 |
||||||
|
e) |
Date of the transaction |
1 July 2025 |
||||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name |
Jack Sun |
||||||
|
2 |
Reason for the notification |
|||||||
|
a) |
Position/status |
Director |
||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
WISHBONE GOLD PLC |
||||||
|
b) |
LEI |
213800461314SZQHSV87 |
||||||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 0.1 pence each ISIN: GB000A2PX455 |
||||||
|
b) |
Nature of the transaction |
Purchase of Ordinary Shares. |
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information
|
n/a (single transaction) 76,923,077 £0.0013 |
||||||
|
e) |
Date of the transaction |
1 July 2025 |
||||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name |
Edward Mead |
||||||
|
2 |
Reason for the notification |
|||||||
|
a) |
Position/status |
PDMR |
||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
WISHBONE GOLD PLC |
||||||
|
b) |
LEI |
213800461314SZQHSV87 |
||||||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 0.1 pence each ISIN: GB000A2PX455 |
||||||
|
b) |
Nature of the transaction |
Purchase of Ordinary Shares. |
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information
|
n/a (single transaction) 76,923,077 £0.0013 |
||||||
|
e) |
Date of the transaction |
1 July 2025 |
||||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||||