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Sirius Minerals Plc  -  SXX   

Issue and Allotment of Ordinary Shares

Released 07:00 24-Dec-2013

RNS Number : 2879W
Sirius Minerals Plc
23 December 2013
 



 

24 December 2013

 

Sirius Minerals Plc

 

Issue and Allotment of Ordinary Shares following Exercise of Conversion rights

 

The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company") hereby announce that the Company has received notices of exercise in respect of convertible securities previously issued on 13 August 2013 at conversion prices of between 7.2p and 8.0p per share, the details of which were announced to the market on 12 August 2013 pursuant to which 7,569,445 ordinary shares (the "Relevant Shares") fall to be issued. Application has therefore been made for the Relevant Shares to be admitted to trading on AIM with admission expected to take place on 27 December 2013. The Relevant Shares will rank pari passu in all respects with all existing ordinary shares in the Company.  

Following admission of the Relevant Shares, the Company's enlarged issued share capital will comprise 1,485,967,126 ordinary shares with voting rights. This figure of 1,485,967,126 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. 

For further information, please contact:

Sirius Minerals Plc




Investor Relations

 

Tel:  +44 8455 240 247

 

Email:

ir@siriusminerals.com

NOMAD/ Joint Broker

Joint Broker


Media Enquiries

Macquarie Capital (Europe) Limited

Liberum Capital Limited


Bell Pottinger Pelham

Steve Baldwin,

Raj Khatri

Clayton Bush,

Tim Graham


Charles Vivian,

Lorna Spears

Tel: +44 20 3037 2000

Tel: +44 20 3100 2222


Tel: +44 20 7861 3232

 

About Sirius Minerals Plc

Sirius Minerals is a globally diversified potash development company. Its primary focus is to bring on stream major potash mining facilities through the acquisition and development of projects overlying recognised potash deposits.  Today it holds properties in the United Kingdom (North Yorkshire) and the United States (North Dakota).  Incorporated in 2003, Sirius Minerals' shares are traded on the London Stock Exchange's AIM market.  Its shares are also traded in the United States on the OTCQX through a sponsored ADR facility.  Further information on the Company can be found at www.siriusminerals.com.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Issue and Allotment of Ordinary Shares - RNS