REG - Bezant Resources PLC - Issue of Equity and TVR

Bezant ResourcesAnnouncement

09/01/2023 07:00

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RNS Number : 9943L  Bezant Resources PLC  09 January 2023

9 January 2023

Bezant Resources Plc

("Bezant" or the "Company")

Issue of shares and TVR

 

Bezant (AIM: BZT), the AIM quoted copper-gold exploration and development
company, announces that it is issuing 7,926,024 new Ordinary Shares (the
"Consultancy Fee Shares") at 0.0757 pence per share, which is the 3 month VWAP
of the Bezant share price for the three months to 9 December 2022, to settle
consultancy fees of £6,000 due in relation to the three months to 9 December
2022.

 

Application to trading on AIM: Application will be made to the London Stock
Exchange for the  Consultancy Fee Shares, which when issued will rank pari
passu with the existing Ordinary Shares in issue to be admitted to trading on
AIM (the "Admission"). It is expected that Admission will become effective and
that dealings in the Consultancy Fee Shares will commence at 8.00 a.m. on or
around 13 January 2023.

 

Issued Share Capital: Following the issue of the Consultancy Fee Shares, the
Company's total issued share capital will consist of 5,089,325,137 Ordinary
Shares with voting rights. The Company does not hold any Ordinary Shares in
treasury and accordingly there are no voting rights in respect of any treasury
shares.

 

Total Voting Rights On Admission, the above mentioned figure of 5,089,325,137
Ordinary Shares 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 to their interest in, Bezant under the
Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

 

For further information, please contact:

 

 Bezant Resources plc

 Colin Bird                                                                 +44 (0) 20 3416 3695

 Executive Chairman

 Beaumont Cornish (Nominated Adviser)                                       +44 (0) 20 7628 3396

 Roland Cornish

 Novum Securities Limited (Broker)                                          +44 (0) 20 7399 (tel:%280%29207%203820%20932) 9400

 Jon Belliss

 or visit http://www.bezantresources.com (http://www.bezantresources.com)

 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 as it forms part of UK Domestic Law by virtue of the
 European Union (Withdrawal) Act 2018 ("UK MAR").

 

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