6th Oct 2026 10:43
Shuka Minerals PLC - Africa-focused mine operator and developer - Chief Executive Officer Richard Lloyd raises stake after converting all of the loan amounting to GBP100,000 into 2.5 million new shares at 4 pence each. Shuka has granted Lloyd warrants to subscribe for an aggregate of 2.5 million new shares at an exercise price of 8p apiece. The warrants are exercisable on or before 20 July 2029. Following admission, Lloyd is beneficially interested in 5.4 million shares in the company, representing around 3.1% of its issued share capital. Shuka's market capitalisation is just below GBP6 million.
Current share price in London: 3.40 pence
12-month change: down 22%
Current share price in Johannesburg: 85 rand cents
12-month change: down 14%
By Artwell Dlamini, Alliance News senior reporter South Africa
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Shuka Minerals PLC