REG - Paternoster Res. - Update on placing and holding in company <Origin Href="QuoteRef">PRSPA.L</Origin>

Riverfort Global OpportunitiesAnnouncement

22/12/2014 07:11

RNS Number : 4086A
Paternoster Resources PLC
22 December 2014
22 December 2014
Paternoster Resources plc
("Paternoster" or the "Company")
Update on placing and holding in Company
Paternoster announces it now expects the placing announced on 9 December 2014 to complete tomorrow, 23 December 2014, when the 95,000,000 new ordinary shares being issued in connection with it are now expected to be admitted to trading on AIM ("Admission").
Holding in Company
Following Admission, Mr Mike Prentice's holding of 53,422,439ordinary shares will represent approximately 7.9 per cent. of the issued share capital of the Company.
For more information please contact:
Paternoster Resources plc:

Nicholas Lee, Chairman
Matt Lofgran, Director
+44 20 7580 7576
Nominated Advisor and Joint Broker:
Westhouse Securities

Antonio Bossi / David Coaten
+44 20 7601 6100
Joint Broker:

Peterhouse Corporate Finance

Lucy Williams
+44 20 7562 3351
 
  

This information is provided by RNS
The company news service from the London Stock Exchange
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