Exercise of Warrants
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| 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 |
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