REG - Bezant Resources PLC - Issue of Shares and TVR

Bezant ResourcesAnnouncement

10/11/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231110:nRSJ9973Sa&default-theme=true

RNS Number : 9973S  Bezant Resources PLC  10 November 2023

10 November 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 in accordance with the authority granted at its Annual
General Meeting on 28 July 2023 it is issuing 44,056,553 new Ordinary Shares
of 0.002p each (the "Consultancy Fee Shares") at the VWAP of the Bezant share
price during the periods during which the consultancy fees accrued to settle
£20,700 of consultancy fees at an average VWAP of 0.047 pence per Ordinary
Share as per the table below:

 

 

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 16 November 2023.

 

Issued Share Capital: Following the issue of the Consultancy Fee Shares, the
Company's total issued share capital will consist of 7,682,029,589 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 7,682,029,589
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                       +44 (0) 20 3416 3695

 Colin Bird, Executive Chairman
 Beaumont Cornish Limited - Nomad           +44 (0) 20 7628 3396

 Roland Cornish/Asia Szusciak
 Novum Securities Limited - Joint Broker    +44 (0) 20 7399 9400

 Jon Belliss
 Shard Capital Partners LLP - Joint Broker  +44 (0) 20 7186 9952

 Damon Heath

 

or visit https://www.bezantresources.com/ (https://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").

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEFSAFMUEDSEDF