REG - Blencowe Resources - Exercise of Warrants

Blencowe ResourcesAnnouncement

09/12/2024 07:00

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RNS Number : 3026P  Blencowe Resources PLC  09 December 2024

9 December 2024

Blencowe Resources Plc

Exercise of Warrants

 

The Directors and Senior Management given notice that they have exercised
warrants at 4 pence as follows:

 Director/Senior Management  Amount of Warrants  Funds raised £
 Cameron Pearce              1,000,000           40,000
 Sam Quinn*                  750,000             30,000
 Alex Passmore               400,000             16,000
 Mike Ralston                1,000,000           40,000
                             3,150,000           126,000

*via his services company Lionshead Consultants Ltd

Following the exercise of the warrants the Company shall receive £126,000.

Admission

The Company will make an application for 3,150,000 New Ordinary Shares to be
admitted to trading on the Equity Shares (transition) category of the Official
List and the Main Market of the London Stock Exchange at 8.00 a.m. on 12
December 2024. The expected timetable of principal events for Admission is set
out below. All references to time in this announcement are to London time. Any
changes to the expected timetable will be notified by the Company though an
RIS.

Total Voting Rights

The Company hereby notifies the market, in accordance with the FCA's
Disclosure Guidance and Transparency Rule 5.6.1, that on Admission, the
Company's expected issued share capital will consist of 295,226,620 Ordinary
Shares, each with one vote. The Company does not hold any Ordinary Shares in
Treasury. On Admission, the total number of voting rights in the Company is
expected to be 295,226,620 and this figure may be used by Shareholders 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.

 

  Blencowe Resources Plc

  Sam Quinn                www.blencoweresourcesplc.com

                           Tel: +44 (0)1624 681 250

                           info@blencoweresourcesplc.com (mailto:info@blencoweresourcesplc.com)
 Investor Relations        Tel: +44 (0) 7891 677 441

 Sasha Sethi               sasha@flowcomms.com (mailto:sasha@flowcomms.com)
 Tavira Financial          Tel: +44 (0)20 3192 1733

 Jonathan Evans            jonathan.evans@tavira.group (mailto:jonathan.evans@tavira.group)

 

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