For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20201006:nBw3wyT66a
Issue of Equity
Altyn Plc
("Altyn" or the "Company")
Issue of new shares
The Company is pleased to announce that it will issue 154,028,981 new ordinary
shares of £0.001 in connection with the exercise of share options by Freedom
Finance JSC, raising US$1.5m.
The Company will apply for admission of the new Ordinary Shares to trading on
the Official List of the UK Listing Authority and to trading on the London
Stock Exchange’s Main Market for listed securities ("Admission"). Admission
of the new Ordinary shares, which will rank pari passu in all respects with
the existing Ordinary Shares of the Company, is expected to occur on or around
12 October 2020.
The Company has no Ordinary Shares held in treasury. The total number of
voting rights in the Company following the Conversion will therefore be
2,733,293,311. This figure 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 and Transparency
Rules.
Further Information:
For further information please contact:
Altyn Plc
Rajinder Basra
+44 (0) 207 932 2455
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014.
Information on the Company
Altyn Plc (LSE:ALTN) is an exploration and development company, which is
listed on the main market segment of the London Stock Exchange.
To read more about Altyn Plc please visit our website www.altyn.uk
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.altyn.uk&esheet=52301403&newsitemid=20201006005890&lan=en-US&anchor=www.altyn.uk&index=1&md5=bb89d366edad44e9074a519748e747d3)
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201006005890/en/
(https://www.businesswire.com/news/home/20201006005890/en/)
Altyn Plc
Copyright Business Wire 2020