REG - Botswana Diamonds - Exercise of Warrants

Botswana DiamondsAnnouncement

06/10/2022 16:45

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RNS Number : 0808C  Botswana Diamonds PLC  06 October 2022

 

6(th) October 2022

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

 

Exercise of Warrants

Botswana Diamonds announces that pursuant to the receipt of a conversion
notice from a holder of 412,545 warrants exercisable at 0.60 pence each, it
has today issued 412,545 ordinary shares of £0.0025 each ("Ordinary Shares")
at the exercise price of 0.60 pence per new share ("New Shares").

Application will be made for the New Shares, which will rank pari passu with
the existing Ordinary Shares, to be admitted to trading on AIM and it is
expected that this will take place on or around 12(th) October 2022
("Admission"). The proceeds of the exercise of £2,475 will be used for
additional working capital.

Following the Admission of the 412,545 New Shares, Botswana Diamonds will have
956,615,779 Ordinary Shares in issue which will also represent the total
number of voting rights in the Company. The above figure should 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 and Transparency
Rules.

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. The person who arranged for the release
of this announcement on behalf of the Company was Jim Finn, Director

A copy of this announcement is available on the Company's website, at
www.botswanadiamonds.co.uk (http://www.botswanadiamonds.co.uk)

 

Enquiries:

 Botswana Diamonds PLC

John Teeling, Chairman

                                        +353 1 833 2833
 James Campbell, Managing Director

                                        +27 83 457 3724
 Jim Finn, Director

                                        +353 1 833 2833

 Beaumont Cornish - Nominated Adviser     +44 (0) 020 7628 3396

Michael Cornish

 Roland Cornish

 Beaumont Cornish Limited - Broker        +44 (0) 207 628 3396

Roland Cornish

 Felicity Geidt

 First Equity Limited -  Joint Broker     +44 (0) 207 374 2212

Jason Robertson

 BlytheRay - PR                           +44 (0) 207 138 3206

Megan Ray

Rachael Brooks                          +44 (0) 207 138 3553

 Said Izagaren                            +44 (0) 207 138 3206

                                          +44 (0) 207 138 3206

 Teneo

 Luke Hogg                                +353 (0) 1 661 4055

 Alan Tyrrell                             +353 (0) 1 661 4055

 

www.botswanadiamonds.co.uk (http://www.botswanadiamonds.co.uk)

 

ENDS

 

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