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First Day Dealings

23rd Jun 2015 07:00

RNS Number : 8985Q
CIC Gold Group Limited
23 June 2015
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, SINGAPORE, HONG KONG OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

 

CIC Gold Group Limited

 

Admission to the Official List and to trading on the

Main Market of the London Stock Exchange

 

Dealings commence at 08.00am, 23 June 2015

 

Following the publication of its Prospectus on 18 June 2015, CIC Gold Group Limited ("CIC Gold", or the "Company") is pleased to announce that its entire issued common share capital of 103,590,000 common shares of no par value ("Common Shares") will today be admitted to the Standard Listing segment of the Official List of the UK Listing Authority and to trading on the Main Market for listed securities of the London Stock Exchange (together "Admission"). Dealings will commence at 08.00am under the TIDM CICG with the ISIN number SC0665AHDJ29

 

In accordance with Disclosure and Transparency Rule 5.6 the Company makes the following disclosure with respect to the share capital and voting rights of the Company. As at 23 June 2015, the share capital of the Company consists of 103,590,000 Common Shares of no par value each with voting rights. The Company does not hold any Common Shares in treasury. Therefore, the total number of shares and voting rights in the Company is 103,590,000.

 

However, whilst the undertakings not to exercise their voting rights given by CIC Capital Ltd and CIC Capital Fund Ltd, as set out in more detail in paragraph 12.4 of Part 15 of the prospectus, are in place, the number of voting rights will in practice be reduced to 62,470.000.

 

The above figure of 103,590,000 common shares may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 

Copies of the prospectus are available on the Company's website at http://www.CICGold.com and can be ordered free of charge during normal business hours from the head office of the Company at 23 Hanover Square, London W1S 1JB.

 

Enquires:

 

CIC Gold Group Limited

Dr Geoffrey P. Cowley, Chief Executive Officer

Mobile: +44 7833 445 961

Email: [email protected]

VSA Capital Limited

Andrew Raca

Phone: +44 (0)20 3005 5000

 

 

CIC Gold Group Limited

The Company's strategy is to make acquisitions in undervalued gold properties where gold is the principal commodity or gold mining is the principal activity, held by quoted and private companies with strong underlying fundamentals suitable of producing substantial increases in value by funding and applying de-risking strategies and other corporate actions.

The fundamentals that the Company will seek are acquisitions in gold mineral assets that are located in known major gold regions, close to major producing mines and have strong technical evidence of major gold potential.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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