REG - Bens Creek Group PLC - Disclosure of charge over shares

Bens CreekAnnouncement

10/11/2022 07:00

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RNS Number : 9081F  Bens Creek Group PLC  10 November 2022

10 November 2022

 

Bens Creek Group plc

 

("Bens Creek" or the" Company")

 

Disclosure of charge over shares

 

Bens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in
North America supplying the steel industry, announces that it has become aware
that, on 27 October 2022, the Company's largest shareholder, MBU Capital Group
Limited ("MBU Capital"), entered into a charge in favour of Bluestar Global
Capital Limited ("Bluestar") over all of the ordinary shares which MBU Capital
owns in Bens Creek (the "Charge").

 

The number of shares subject to the Charge is 212,601,701 ordinary shares of
0.1p each in the capital of the Company (the "Ordinary Shares"), representing
approximately 56.78% of the Company's Ordinary Shares.

 

Bluestar currently own 14,887,777 Ordinary Shares, representing 3.97% of the
Company's Ordinary Shares.

 

 

For further information please contact:

 Bens Creek Group plc                                            +44 (0) 204 558 2300

 Adam Wilson, CEO

 Murat Erden, CFO

 Allenby Capital Limited (Nominated Adviser and Joint Broker)    +44 (0) 203 328 5656

 Nick Athanas / Nick Naylor / George Payne (Corporate Finance)

 Kelly Gardiner (Sales and Corporate Broking)

 Optiva Securities Limited (Joint Broker)                        +44 (0) 203 137 1902

 Christian Dennis / Mariela Jaho / Daniel Ingram

 

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