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Issue of Equity

18th Nov 2010 07:00

RNS Number : 3876W
Triple Plate Junction Plc
18 November 2010
 



18 November 2010

 

Triple Plate Junction PLC

 

("Triple Plate" or "the Company")

 

Issue of Equity

 

 

The Board of Triple Plate today announces that Newmont Ventures Limited ("Newmont") has exercised its warrants with respect to 17,000,000 ordinary shares of 1 pence each in the capital of the Company. The exercise price is 2.5 pence per share and therefore the total subscription price upon exercise of the warrants is £425,000. Following the issue of these shares Newmont will hold 54,000,000 shares, representing approximately 18.6% of the enlarged share capital of Triple Plate.

 

Application has been made to AIM for admission of the new ordinary shares which is expected to occur, and dealings to commence, at 8.00 a.m. on 25 November 2010.

 

 

 

For further enquiries please contact:

 

Triple Plate Junction Plc +44 (0) 20 7602 1570

Tony Shearer

 

Daniel Stewart & Company plc +44 (0) 20 7776 6550

Antony Legge / Oliver Rigby

 

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