REG - Ascent Resources PLC - Admission Date & Total Voting Rights

Ascent ResourcesAnnouncement

10/01/2025 07:00

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RNS Number : 8197S  Ascent Resources PLC  10 January 2025

10 January 2025

 

Ascent Resources plc

("Ascent" or the "Company")

Admission Date & Total Voting Rights

Ascent Resources Plc (LON: AST) is pleased to announce, following the
Company's acquisition and new funding announcement on 20 December 2024, that a
total of 36,199,000 ("New Shares") new ordinary shares, each of 0.5 pence
nominal value, are being issued at an issue price of 5 pence per New Share. As
previously announced, the New Shares are being issued in relation to the
consideration payable to American Helium, delivery of shares to the new equity
investors and broker option subscribers as well as the issue of shares to a
consultant. Application has been made to the London Stock Exchange for the New
Shares to be admitted to trading on AIM ("Admission") and it is expected that
such Admission will occur at 8:00am on or around 15 January 2025. The New
Shares will be issued credited as fully paid and will rank in full for all
dividends and other distributions declared, made or paid after the admission
of the New Shares, respectively and will otherwise be identical to and rank on
Admission pari passu in all respects with the existing Ordinary Shares.

Following Admission of the New Shares the Company will have 307,503,265
Ordinary Shares in issue, none of which will be held in treasury. Accordingly,
the total number of voting rights in the Company will be 307,503,265 and
shareholders may use this figure as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.

 

 

Enquiries:

 Ascent Resources plc                          Via Vigo Communications

 Andrew Dennan

 Zeus Capital, Nominated Adviser & Broker      0203 829 5000

 James Joyce / James Bavister
 Novum Securities, Joint Broker                0207 399 9400

 John Belliss / Colin Rowbury

 

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