18:02 Fri 22 Jun 2018
Pembridge Resources - Notice of GM
THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE EU MARKET ABUSE REGULATION (596/2014). UPON PUBLICATION OF THE ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
PUBLICATION OF CIRCULAR
The Proposed Placing will be of new ordinary shares of nominal value
The Company is currently preparing a prospectus relating to the enlarged group which will form the basis for the applications for Admission to of the enlarged issued share capital of the Company to listing on the standard segment of the Official List and to trading on the main market for listed securities of the
However, in order to expedite the timeframe to Admission, and to potentially remove the requirement to simultaneously convene a general meeting at the same time as publishing a prospectus in connection with the Minto Acquisition, Proposed Placing and Admission to take the necessary authorities to issue shares for the Proposed Placing, the Company is taking this opportunity to convene the General Meeting in order to take those authorities in advance of publication of the prospectus.
By proceeding in this way, the Company anticipates that it will be possible for Admission to occur in late
The Company is also taking this opportunity to conduct the Share Consolidation on the basis of every 10 existing ordinary shares of nominal value
The Company is also taking this opportunity to conduct some house-keeping measures in respect of the historic deferred shares and to rationalise its capital and reserves by way of a capital reduction (as explained in more detail in the Circular).
A notice convening the General Meeting, which is to be held at the offices of
The existing ordinary shares will be disabled in CREST at close of business on the
The new ISIN number: GB00BG107324 in respect of the remaining new consolidated ordinary shares be enabled and available for transactions on
New share certificates will be sent to Shareholders who hold their shares in certificated form 10 working days after the general meeting, with their old certificates becoming void at close of business on
A copy of the Circular will shortly be submitted to the National Storage Mechanism and will be available for inspection at http://www.morningstar.co.uk/uk/NSM and also at the Company's webpage www.pembridgeresources.com/investors/circulars1.
2018
Publication of this document 22 June
Latest time and date for receipt of CREST voting intentions
Latest time and date for receipt of Forms of Proxy for the General Meeting
Register for Existing Ordinary Shares closed and Existing Ordinary
Shares disabled in CREST
Record time for Share Consolidation
Time and date for the General Meeting
CREST accounts expected to be credited with New Ordinary Shares 17 July
Expected date for definitive share certificates in respect of New Ordinary
Shares to be despatched 31 July
References to time are to London time unless otherwise stated. Each of the dates in the above timetable is subject to change without further notice.
Terms used in this announcement shall, unless the context otherwise requires, bear the meanings given to them in the Circular.
The person who arranged for the release of this announcement on behalf of the Company was David Linsley, Chief Executive Officer.
ENDS
About
Pembridge is a mining-focused special purpose acquisition company admitted to listing on the standard segment of the Official List by the
The Company's management is composed of a team of senior leaders with experience in various board and executive positions with a complementary mix of expertise in geology, engineering, project appraisal, and commercial development across a wide range of commodity groups and mining jurisdictions.
About Minto
Minto is an open pit and underground copper-gold-silver mine located in central Yukon, approximately 240 kilometres north of the capital Whitehorse along the
David Linsley, Chief Executive Officer
Paul Fenby, Chief Financial Officer
Bookrunners and Brokers to the issue
Michael Barman
Paul Shackleton
Fraser Marshall
Tim Dainton
Broker to the Company
Nick Emerson
Financial Public Relations
Jos Simson
Charles Vivian
Gareth Tredway
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