14th May 2015 08:30
14 May 2015
DiamondCorp plc
AIM share code: DCP & JSE share code: DMC
ISIN: GB00B183ZC46
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)
("DiamondCorp", "the Group" or "the Company")
Exercise of Warrants
DiamondCorp, the Southern African diamond development and exploration company, announces that the Company has received notification from a warrant holder to exercise warrants over 5,000,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at an exercise price of 9 pence each.
Applications will be made to the London Stock Exchange and the JSE Limited to admit the 5,000,000 new Ordinary Shares to trading on AIM and AltX. Admission of the new Ordinary Shares is expected to occur on or around 22 May 2015 following satisfaction of customary conditions. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
For the purpose of the Disclosure and Transparency Rules, following the issue of shares detailed above, the enlarged issued share capital of the Company will comprise 323,365,478 Ordinary Shares. The above 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, the Company, under the Disclosure and Transparency Rules.
Contact details:
DiamondCorp plc
Paul Loudon, Chief Executive
Tel: +27 56 216 1300
Euan Worthington, Chairman
Tel: +44 7753 862 097
UK Broker & Nomad
Panmure Gordon (UK) Limited
Dominic Morley/Adam James
Tel: +44 20 7886 2500
JSE Designated Advisor
Sasfin Capital (a division of Sasfin Bank Limited)Megan Young
Tel: +27 11 445 8068
Related Shares:
DCP.L