5th Sep 2013 14:35
LONDON (Alliance News) - Sirius Minerals PLC said Thursday convertible securities it issued on August 13 at conversion prices of 11.9p and 12.0p per share had been exercised, resulting in the issuance of 1.7 million new ordinary shares.
Sirius Minerals, a potash development company, said it had applied for the new shares to be admitted to trading on AIM, with admission expected to take place on Friday.
Following admission of the new, Sirius Minerals will have issued share capital 1.38 billion shares.
In trading Thursday afternoon, Sirius Mineral shares were quoted at 12.75, down 0.50p or 3.8%
By Tom Waite; [email protected]; @thomaslwaite
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