REG - Contango HoldingsPLC - Publication of Prospectus

Contango HoldingsAnnouncement

01/11/2022 16:45

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RNS Number : 9722E  Contango Holdings PLC  01 November 2022

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, NEW
ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR IN ANY OTHER JURISDICTION IN
WHICH OFFERS OF SALES WOULD BE PROHIBITED BY APPLICABLE LAW. THIS ANNOUNCEMENT
IS NOT AN OFFER TO SELL OR A SOLICITATION TO BUY SECURITIES IN ANY
JURISDICTION, INCLUDING THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, NEW
ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN. NEITHER THIS ANNOUNCEMENT NOR
ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE RELIED UPON IN
CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU AS IT FORMS PART OF THE LAW OF ENGLAND AND WALES BY
VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. IN ADDITION, MARKET
SOUNDINGS WERE TAKEN IN RESPECT OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT,
WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION.
UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE
TO BE IN POSSESSION OF INSIDE INFORMATION.

 

Contango Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural Resources

1 November 2022

Contango Holdings Plc

("Contango" or the "Company")

 

Publication of Prospectus

 

Contango Holdings Plc, the London listed natural resource company developing
the Lubu Coal Project in Zimbabwe ("Lubu Project"), is pleased to announce the
publication of a prospectus, as approved by the Financial Conduct Authority,
(the "Prospectus") in connection with the Placing, announced on 31 October
2022.

 

A total of 125,000,000 Placing Shares in connection with the Placing and
21,390,000 Performance Shares in connection with the Performance Options will
be admitted to trading and admission of the Placing Shares and Performance
Shares is expected to take place at 8.00 a.m. on Monday 7 November 2022
("Admission").  The Placing, is conditional, inter alia, on Admission.

 

Further information is set out in the Prospectus, which can be accessed
electronically from the Company's website at www.contango-holdings-plc.co.uk
(http://www.contango-holdings-plc.co.uk) .

 

A copy of the Prospectus has been submitted to the National Storage Mechanism
and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

Unless otherwise defined herein, terms defined in the previous announcements
have the same meanings herein.

 

In accordance with the provision of the Disclosure Guidance and Transparency
Rules of the FCA ("DTRs"), the Company confirms that, following Admission, and
assuming issue of the Consideration Shares in respect of the Acquisition (both
as defined in the previous announcements), its issued share capital will
comprise 472,724,023 Ordinary Shares, each of which carries the right to vote,
with no Ordinary Shares held in treasury. 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 DTRs.

 

**ENDS**

 

For further information, please visit www.contango-holdings-plc.co.uk or
contact:

 

 Contango Holdings plc                   E: contango@stbridespartners.co.uk

 Chief Executive Officer

 Carl Esprey

 Tavira Financial Limited                T: +44 (0)20 7100 5100

 Financial Adviser & Broker

 Jonathan Evans

 St Brides Partners Ltd                  T: +44 (0)20 7236 1177

 Financial PR & Investor Relations

 Susie Geliher / Charlotte Page

 

 

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