Exercise of warrants
29 Oktober 2010 - 10:15AM
UK Regulatory
TIDMCHC
RNS Number : 2357V
Charles Street Capital PLC
29 October 2010
Charles Street Capital plc / EPIC: CHC / Market: AIM
29 October 2010
Charles Street Capital plc ('Charles Street' or the 'Company')
Exercise of warrants and issue of equity
Charles Street Capital plc, the AIM listed natural resources investment company,
announces that on 27 October 2010 BWA Group plc served notice to exercise
warrants to acquire 7,500,000 ordinary shares 0.1p each in the Company (the
"Warrant Shares").
These warrants were issued pursuant to a warrant instrument dated 29 June 2010
issued by the Company (the "Warrant Instrument"). The exercise price for the
Warrant Shares is 0.25p per Warrant Share and the aggregate subscription price
for the Warrant Shares is expected to be received by the Company before the 1
November 2010. Pursuant to the terms of the Warrant Instrument, BWA Group plc no
longer has any outstanding warrants to subscribe for ordinary shares of 0.1p
each in the Company (the "Ordinary Shares").
Application will be made for the Warrant Shares, which will rank pari passu with
the Company's existing Ordinary Shares in issue, to be admitted to trading on
AIM. It is expected that admission will be effective and that dealings in the
Warrant Shares will commence on 8 November 2010.
Following the issue of the Warrant Shares, the enlarged issued share capital of
the Company will be 1,035,670,652 Ordinary Shares. The above figure may be used
by shareholders 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, the share capital of the Company under the Disclosure and
Transparency Rules.
**ENDS**
+----------------+----------------------+---------------------+
| |
| For further information on the Company visit |
| www.charlesstreetplc.com or contact: |
+-------------------------------------------------------------+
| |
+-------------------------------------------------------------+
| Nicholas Lee | Charles Street | Tel: 0203 006 0260 |
| | Capital plc | |
+----------------+----------------------+---------------------+
| Damian Conboy | Charles Street | Tel: 0203 006 0260 |
| | Capital plc | |
+----------------+----------------------+---------------------+
| Nick Naylor | Allenby Capital | Tel: 0203 328 5656 |
| | Limited | |
+----------------+----------------------+---------------------+
| Alex Price | Allenby Capital | Tel: 0203 328 5656 |
| | Limited | |
+----------------+----------------------+---------------------+
| Hugo de Salis | St Brides Media & | Tel: 020 7236 1177 |
| | Finance Ltd | |
+----------------+----------------------+---------------------+
| Elisabeth | St Brides Media & | Tel: 020 7236 1177 |
| Cowell | Finance Ltd | |
+----------------+----------------------+---------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAXENALXEFEF
Charles Street (LSE:CHC)
Historical Stock Chart
Von Okt 2024 bis Nov 2024
Charles Street (LSE:CHC)
Historical Stock Chart
Von Nov 2023 bis Nov 2024
Echtzeit-Nachrichten über Charles Street (Londoner Börse): 0 Nachrichtenartikel
Weitere Charles Street News-Artikel