REG - Ascent Resources PLC - Issue of Equity & Total Voting Rights

Ascent ResourcesAnnouncement

28/01/2025 17:30

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RNS Number : 0187V  Ascent Resources PLC  28 January 2025

28 January 2025

 

Ascent Resources plc

("Ascent" or the "Company")

Issue of Equity & Total Voting Rights

Ascent Resources Plc (LON: AST) announces today that it has agreed to issue
1,149,058 new ordinary shares of 0.5 pence each in the Company ("New Ordinary
Shares") at an issue price of 2.3 pence.

279,493 shares have been issued to a former Director for services provided
whilst they were employed in October and November 2024 and 869,565 shares have
been issued to Optimo Research in relation to services to be provided over the
next year.

Application has been made to the London Stock Exchange for the New Ordinary
Shares to be admitted to trading on AIM ("Admission") and it is expected that
such Admission will occur at 8:00 on 31 January 2025. The New Ordinary Shares
will be issued credited as fully paid and will rank in full for all dividends
and other distributions declared, made or paid after Admission 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 308,652,323
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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