REG - Ajax Resources PLC - Update on Second Closing of Subscription

Ajax ResourcesAnnouncement

25/07/2025 08:30

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RNS Number : 5895S  Ajax Resources PLC  25 July 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION
11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.

 

 

25 July 2025

AJAX RESOURCES PLC

 

("Ajax" or the "Company")

 

Update on Second Closing of Subscription

 

 

Ajax, the natural resources investment company [LSE: AJAX] announces an update
on the second closing of the Subscription, first announced on 23 May 2025 (the
"Announcement"). As set out in the Announcement, the Company has sought to
raise up to £1.5m through the subscription for new ordinary shares of 1 pence
each ("Ordinary Shares").

 

Following the successful first closing raising gross proceeds of £1.0m at 4
pence per Ordinary Share, as announced on 17 June 2025, the Company confirms
that the second closing is set for 11.59 pm BST today.  The price of this
second closing has been revised to 4.5 pence per Ordinary Share (from the 5
pence announced on 11 July 2025) and details regarding the number of Ordinary
Shares issued under the second closing of the Subscription will be announced
on 28 July 2025.

 

 

 

For further information:

 

 Ajax Resources Plc                           Tel: + 44 (0) 208 146 6345

 Ippolito Cattaneo, Chief Executive Officer   info@ajaxresources.com
 Allenby Capital Limited (Financial Adviser)  Tel: + 44 (0) 203 328 5656

 Nick Harriss / Daniel Dearden-Williams       n.harriss@allenbycapital.com (mailto:n.harriss@allenbycapital.com)

                                              d.dearden-williams@allenbycapital.com

 

 

 

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