Kodal Minerals PLC - Loan conversion and change to total voting rights
Kodal Minerals plc ("Kodal Minerals" or the "Company")
Loan conversion and change to total voting rights
Kodal Minerals, the mineral exploration and development company, announces that it has received conversion notices in relation to its
The Investors have elected to convert a total amount of
These conversions represent final repayment of the
Application will be made for the 347,078,879 new Ordinary Shares being issued to be admitted to trading on AIM and it is expected that admission will take place on or around 8 January 2021 ("Admission").
AIM Rule 17
Pursuant to AIM Rule 17, the Company announces that the shareholding of Suay Chin International Pte remains as 2,290,471,568 Ordinary Shares but from Admission will represent 18.79% of the then issued share capital.
Total Voting Rights
Upon Admission, the issued share capital of the Company will consist of 12,191,161,715 Ordinary Shares. The Company does not hold any shares in treasury. Therefore, the total number of voting rights in the Company from Admission will be 12,191,161,715. This 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.
For further information, please visit www.kodalminerals.com or contact the following:
Kodal Minerals plc
Tel: +61 418 943 345
Allenby Capital Limited, Nominated Adviser
Tel: 020 3328 5656
SP Angel Corporate Finance LLP, Financial Adviser & Broker
Tel: 020 3470 0470
St Brides Partners Ltd, Financial PR
Tel: 020 7236 1177
Quick facts: Kodal Minerals PLC
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