Exercise of Warrants, Total Voting Rights
Bezant Resources Plc is issuing 350,000,000 new ordinary shares following the exercise of warrants, with 100,000,000 shares issued at 0.06p each and 250,000,000 shares issued at 0.04p each. These new shares will rank pari passu with existing shares and are expected to be admitted to trading on AIM on or around December 10, 2025. Following this issuance, the company's total issued share capital will be 17,326,654,126 ordinary shares, which will serve as the denominator for shareholders calculating their notification requirements under FCA rules.
Select text to share a quote on X · sign in to keep highlights & notes in your BZT notes
- a price of 0.06p per share in terms of the fundraising announced on 4 December 2023 the Company is issuing a total of 100,000,000 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 250,000,000 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 10 December 2025 (the "Admission").
Issued Share Capital: Following the issue of the Warrant Exercise Shares the Company's total issued share capital will consist of 17,326,654,126 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 17,326,654,126 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.