Exercise of Warrants, Total Voting Rights
Bezant Resources Plc announced the issuance of new ordinary shares following the exercise of warrants. A total of 60,000,000 ordinary shares were issued at a price of 0.06p per share, related to a fundraising from December 4, 2023. Additionally, 25,000,000 ordinary shares were issued at 0.04p per share, linked to a fundraising from December 24, 2024. Application has been made for these shares to be admitted to trading on AIM, expected around October 15, 2025. Following the issue, the company's total issued share capital will be 16,273,654,126 ordinary shares with voting rights.
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- a price of 0.06p per share in terms of the fundraising announced on 4 December 2023 the Company is issuing a total of 60,000,000 fully paid ordinary shares of 0.002p each in the Company ("Ordinary Shares"); and
- a price of 0.04p per share in terms of the fundraising announced on 24 December 2024 the Company is issuing a total of 25,000,000 fully paid Ordinary Shares
(together the "Warrant Exercise Shares").
Application to trading on AIM: Application will be made to the London Stock Exchange for the Warrant Exercise Shares to be admitted to trading on AIM. It is expected that admission will become effective and that dealings in the Warrant Exercise Shares will commence at 8.00 a.m. on or around 15 October 2025 (the "Admission").
Issued Share Capital: Following the issue of the Warrant Exercise Shares the Company's total issued share capital will consist of 16,273,654,126 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury and accordingly there are no voting rights in respect of any treasury shares.
Total Voting Rights: On Admission, the above mentioned figure of 16,273,654,126 Ordinary Shares may be used by shareholders in the Company 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, Bezant under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
| Bezant Resources Plc Colin Bird Executive Chairman | +44 (0) 20 3416 3695 |
| Beaumont Cornish (Nominated Adviser) Roland Cornish / Asia Szusciak | +44 (0) 20 7628 3396 |
| Novum Securities Limited (Joint Broker) Jon Belliss | +44 (0) 20 7399 9400 |
| Shard Capital Partners LLP (Joint Broker) Damon Heath | +44 (0) 20 7186 9952 |
or visit http://www.bezantresources.com
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.