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Issue of Equity

13th Jul 2017 09:46

RNS Number : 9704K
Nyota Minerals Limited
13 July 2017
 

For immediate release

 

13 July 2017

 

 

Nyota Minerals Limited

("Company" or "Nyota")

Issue of Equity

 

As announced on 3 July 2017, shareholders at the General Meeting of Nyota held on Monday 3 July 2017 approved the share based payment to Mr Jonathan Morley-Kirk (a former director). Accordingly, on 11 July 2017, the Company issued 90,000,000 new ordinary shares ("New Shares") to Mr Jonathan Morley-Kirk at a price of 0.02p per share. Application will be made for admission of the 90,000,000 New Shares to trading on AIM ("Admission"), to be admitted to trading on or around 18 July 2017. The New Shares will rank pari passu in all respects with the Company's existing issued ordinary shares.

 

Total Voting Rights

On Admission of the 90,000,000 New Shares, the Company will have 2,249,244,222 Ordinary Shares in issue with voting rights. Nyota does not currently hold any shares in treasury. Accordingly, this figure of 2,249,244,222 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

The Appendix 3B has been issued to the ASX.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 956/2014.

 

For more information please visit www.nyotaminerals.com or contact:

 

Andrew Wright

Director, Nyota Minerals Limited

[email protected]

Michael CornishJames Biddle

Beaumont Cornish LimitedNominated Advisor

+44 (0) 207 628 3396

Lucy WilliamsEran Zucker

Peterhouse Corporate Finance Limited

+44 (0) 20 7469 0930

 

 

 

ENDS

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