Sunrise Resources Plc Exercise of Warrants & TVR (1988A)
31 Januar 2022 - 4:40PM
UK Regulatory
TIDMSRES
RNS Number : 1988A
Sunrise Resources Plc
31 January 2022
31 January 2022
SUNRISE RESOURCES PLC
("Sunrise" or "the Company")
Warrant Exercise
Sunrise Resources plc, the AIM-traded company focusing on the
development of its CS Pozzolan-Perlite Project in Nevada, USA,
announces it has received notice to exercise warrants over 500,000
new ordinary shares of 0.1 pence each in the Company ("the Warrant
Shares") from Mrs Judith Hayes, an employee of Tertiary Minerals
plc which is providing management services to the Company.
The exercise price of the Warrant Shares is 0.135 pence per
Warrant and payment has been received by the Company.
The Warrant Shares will rank pari passu with the existing
Ordinary Shares and application will be made to the London Stock
Exchange for the Warrant Shares to be admitted to trading on AIM
("Admission"). It is expected that Admission will occur on or
around Friday 4 February 2022.
Total Voting Rights
For the purposes of the Disclosure and Transparency Rules of the
Financial Conduct Authority, the Board of Sunrise hereby notifies
the market that further to Admission, the Company's issued share
capital will consist of 3,711,086,466 Ordinary Shares with a
nominal value of 0.1p each, with voting rights ("Ordinary Shares").
The Company does not hold any Ordinary Shares in Treasury.
Therefore, the total number of Ordinary Shares in the Company
with voting rights will be 3,711,086,466. This figure may be used
by Shareholders in the Company as denominator for the calculations
by which they may determine if they are required to notify their
interest in, or a change to their interest in, the Company under
the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.
Further information:
Sunrise Resources plc Tel: +44 (0)1625 838 884
Patrick Cheetham, Executive
Chairman
Tel: +44 (0)207 628 3396
Beaumont Cornish Limited
Nominated Adviser
James Biddle/Roland Cornish
Tel: +44 (0)207 469 0930
Peterhouse Capital Limited
Broker
Lucy Williams/Duncan Vasey
Market Abuse Regulation (MAR) Disclosure
The information set out below is provided in accordance with the
requirements of Article 19(3) of the Market Abuse Regulations (EU)
No. 596/2014 which forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 ('MAR').
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM.
1 Details of the person discharging managerial responsibilities
I person closely associated
a) Name Judith Hayes
----------------------------------- ----------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Administration Manager
----------------------------------- ----------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Sunrise Resources plc
----------------------------------- ----------------------------------
b) LEI 213800MGDOE974QHPZ44
----------------------------------- ----------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------
a) Description of the Ordinary Shares of 0.1p each
financial instrument,
type of instrument
----------------------------------- ----------------------------------
Identification code GB00B075Z681
----------------------------------- ----------------------------------
b) Nature of the transaction Exercise of Warrants
----------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------------------------------- -------------------- ------------
0.135 pence 500,000
------------------------------------------------------------ ------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
----------------------------------- ----------------------------------
e) Date of the transaction 31/01/2022
14:00 UTC
--------------------------------------------------------------------------
f) Place of the transaction Outside a trading venue (XOFF)
----------------------------------- ----------------------------------
Shares in the Company trade on AIM. EPIC: "SRES". Website:
www.sunriseresourcesplc.com
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END
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