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Anglo Pacific Group - 6-month warrant extension granted to Investec Bank

RNS Number : 5511C
Anglo Pacific Group PLC
11 February 2020
 

News Release

 

11 February 2020

 

 

            Anglo Pacific Group PLC

Six-month warrant extension granted to Investec Bank PLC

 

Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE: APF, TSX: APY) has agreed to provide a six month extension to the warrants previously granted to Investec Bank PLC ("Investec", the "Holder") on 10 February 2017 which were due to expire on 10 February 2020. The extension was granted as a result of the Holder being restricted from exercising its warrants for a period of time over the past twelve months, as a result of being in possession of inside information in relation to potential transactions being contemplated by the Company.

 

There are no changes to the term of the warrants and as such the 294,695 warrants are exercisable at a subscription price of 158.00p until 10 August 2020.

 

This announcement is intended to satisfy DTR Rule 6.1.9.

 

For further information:

 

Anglo Pacific Group PLC

Julian Treger - Chief Executive Officer

Kevin Flynn - Chief Financial Officer and Company Secretary

 

         +44 (0) 20 3435 7400

Website:            

 

www.anglopacificgroup.com

 

Berenberg

+44 (0) 20 3207 7800

Matthew Armitt / Jennifer Wyllie / Detlir Elezi

 

 

 

Peel Hunt LLP 

               +44 (0) 20 7418 8900

Ross Allister / James Bavister

 

 

 

RBC Capital Markets

+44 (0) 20 7653 4000

Farid Dadashev / Marcus Jackson / Jamil Miah

 

 

 

Capital Market Communications Limited (Camarco)

                   +44 (0) 20 3757 4997

Gordon Poole / Owen Roberts / James Crothers

 

 

 

 

Notes to Editors

 

About the Company

Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to develop a leading international diversified royalty and streaming company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months, as well as investment in earlier stage royalties. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.

 


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: Anglo Pacific Group PLC

Price: 113

Market: LSE
Market Cap: £205.06 m
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