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Salt Lake Potash Ltd - Issue of Ordinary Shares

RNS Number : 7017K
Salt Lake Potash Limited
23 April 2020
 

23 APRIL 2020

 

AIM/ASX Code: SO4

 

 

SALT LAKE POTASH LIMITED

 

ADMISSION OF ORDINARY SHARES

Further to its announcement of 17 April 2020, the Company announces that it has applied for the admission of 54,238,748 ordinary shares of no par value ("Ordinary Shares"), with admission expected to take place tomorrow, 24 April 2020.

The Company anticipates seeking admission of the remaining 1,828,899 Ordinary Shares next week.

Total Voting Rights

Pending the issue and admission of those 1,828,899 Ordinary Shares,  for the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules (DTRs), SO4 will have 348,701,054 Ordinary Shares on issue with voting rights attached. SO4 holds no shares in treasury. This figure of 348,701,054 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 to their interest in the Company, under the ASX Listing Rules or the DTRs.

 

For further information please visit www.so4.com.au or contact:

 

Tony Swiericzuk / Richard Knights

Salt Lake Potash Limited

Tel: +61 8 6559 5800

Colin Aaronson / Richard Tonthat / Seamus Fricker

Grant Thornton UK LLP (Nominated Adviser)

Tel: +44 (0) 20 7383 5100

Derrick Lee / Peter Lynch

Cenkos Securities plc (Joint Broker)

Tel: +44 (0) 131 220 6939

Rupert Fane / Ernest Bell

Hannam & Partners (Joint Broker)

Tel: +44 (0) 20 7907 8500

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Salt Lake Potash Limited's expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Salt Lake Potash Limited, which could cause actual results to differ materially from such statements. Salt Lake Potash Limited makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Salt Lake Potash Ltd

Price: 33.5

Market: AIM
Market Cap: £118.35 m
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