Exercise of Broker Warrants and Issue of Equity
KEFI Gold and Copper PLC announced the issuance of 38,352,272 new ordinary shares of 0.1 pence each following the exercise of broker warrants. Specifically, 5,625,000 warrants were issued to Jonathan Evans at an exercise price of 0.60 pence per share, and 32,727,272 warrants were issued to Tavira Financial Ltd at an exercise price of 0.55 pence per share. Application has been made for admission of these Broker Warrant Shares to trading on AIM, expected to be effective on October 21, 2025. Following this issuance, the company's total issued share capital will consist of 9,527,757,766 ordinary shares with voting rights.
Select text to share a quote on X · sign in to keep highlights & notes in your KEFI notes
KEFI Gold and Copper plc (AIM: KEFI), the gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia, confirms that it has today issued 38,352,272 new ordinary shares of 0.1 pence each ("Ordinary Shares") (the "Broker Warrant Shares") to: 5,625,000 warrants to Jonathan Evans following the exercise of broker warrants at an exercise price of 0.60 pence per share and 32,727,272 warrants to Tavira Financial Ltd, following the exercise of broker warrants at an exercise price of 0.55 pence per share.
Application will be made for the Broker Warrant Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective, and dealings in the Broker Warrant Shares to commence, on 21 October 2025.
Following the issue of the Broker Warrant Shares, the Company's total issued share capital will consist of 9,527,757,766 Ordinary Shares with voting rights. The above figure may be used by shareholders as the denominator for the calculations by which they 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.
KEFI Gold and Copper plc
| Harry Anagnostaras-Adams (Executive Chairman) | +357 2225 6161 |
| John Leach (Finance Director) | |
| SP Angel Corporate Finance LLP (Nominated Adviser) | +44 (0) 20 3470 0470 |
| Jeff Keating, Adam Cowl | |
| Tavira Financial Limited (UK Lead Broker) | +44 (0) 20 7100 5100 |
| Oliver Stansfield, Jonathan Evans | |
| IFC Advisory Ltd (UK Financial PR) | +44 (0) 20 3934 6630 |
| Tim Metcalfe, Florence Staton | |
| 3PPB LLC (North American Financial PR) | |
| Patrick Chidley | +1 (917) 991 7701 |
| Paul Durham | + 1-203-940-2538 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.