Kazera Global PLC (LON:KZG)

Kazera Global PLC (LON:KZG)


Share Price
1.31 p
Change
-0.0195 (-1.47 %)
Market Cap
£3.74 m
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Kazera Global PLC RNS Release

Issue of Equity


RNS Number : 1799A
Kazera Global PLC
24 May 2019
 

24 May 2019

Kazera Global plc

 

Issue of Equity

 

 

Kazera Global plc ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company who, through its stake in African Tantalum (Pty) Limited ("Aftan"), has an interest in the Namibia Tantalite Investment Mine ("NTI" or the "Mine") in Namibia, announces that the Company has approved the issue of 300,000 ordinary shares ("New Shares") of 1p each in the capital of the Company ("Ordinary Shares") to a former director of the Company. The New Shares are being issued under the terms of the former director's severance agreement with the Company and will rank pari passu in all respects with the Company's existing Ordinary Shares. Application has been made for the New Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading in the New Shares will commence at 8.00 a.m. on 30 May 2019.

 

Total Voting Rights

Following Admission, the issued ordinary share capital of Kazera will consist of 286,561,207 Ordinary Shares, each with one voting right attached. The Company does not hold any Ordinary Shares in treasury and therefore this figure of 286,561,207 Ordinary Shares may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

**ENDS**

Kazera Global plc (c/o Camarco)

Tel: +44 (0)203 757 4980

Larry Johnson (CEO)


finnCap (Nominated Adviser and Joint broker)

Scott Mathieson / Anthony Adams (corporate finance) 

Tel: +44 (0)207 220 0500

 

Shore Capital (Joint broker)

Jerry Keen (corporate broking)

Tel: +44 (0)207 408 4090

Camarco (PR)

Gordon Poole / James Crothers / Monique Perks

Tel: +44 (0)203 781 8331

 

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.

 

 


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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