REG - Galileo Resources - Issue of Equity and Total Voting Rights

Galileo ResourcesAnnouncement

23/12/2021 12:55

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RNS Number : 6656W  Galileo Resources PLC  23 December 2021

 

For immediate release

 

Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR).

23 December 2021

Galileo Resources Plc

("Galileo" or "the Company")

 

Exercise of Warrants

 

Total Voting Rights

 

Galileo Resources plc ("Galileo "or the "Company") confirms that it has issued
a total of 2,812,500 fully paid ordinary shares in the Company (the
"New Ordinary Shares") at a price of 0.8p per share pursuant to the exercise
of warrants in terms of the Placing Agreement dated 30 May 2020 (RNS announced
1 June 2020).   Application will be made for admission of the New Ordinary
Shares to trading on AIM ("Admission"), with Admission expected to occur on
around 31 December 2021.

Following the issue of the New Ordinary Shares, which rank pari passu to the
existing ordinary shares in the Company, the Company has 1,091,946,844
ordinary shares in issue, all of which have voting rights. Shareholders in
the Company may use this figure as the denominator for the calculation, by
which they would determine if they are required to notify their interest in,
or a change to their interest in, the share capital of the Company under the
Financial Conduct Authority's Disclosure and Transparency Rules.

 

 

You can also follow Galileo on Twitter: @GalileoResource

 

For further information, please contact: Galileo Resources PLC

 

 Colin Bird, Chairman                       Tel +44 (0) 20 7581 4477

 Edward Slowey, Executive Director          Tel +353 (1) 601 4466
 Beaumont Cornish Limited - Nomad           Tel +44 (0) 20 7628 3396

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

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

 Damon Heath

 

 

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