07:00 Fri 28 Aug 2020
Salt Lake Potash Ltd - Completion Of Retail Entitlement Offer
|
AIM/ASX Code: SO4
|
|
Not for release to US wire services or distribution in
COMPLETION OF RETAIL ENTITLEMENT OFFER
The Retail Entitlement Offer closed on
The shortfall under the Retail Entitlement Offer will be allotted to the sub-underwriters of the Retail Entitlement Offer.
This follows the strong support for the institutional component of the Entitlement Offer and placement raising approximately
The 54,991,200 New Shares, which have been subscribed for at a price of
Settlement and Dealings
Application has been made to the AIM Market of
Total Voting Rights
For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules (DTRs), following Admission, SO4 will have 561,471,476 Ordinary Shares in issue with voting rights attached. SO4 does not hold any shares in treasury. This figure of 561,471,476 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.
Directors' subscription
The following directors have subscribed for shares under the Retail Enttlement Offer:
|
Existing Ordinary Shares |
Ordinary Shares subscribed for |
Resultant holding |
Percentage of voting rights |
Matthew Bungey |
1,394,075 |
100,000 |
1,494,075 |
0.27% |
|
4,050,000 |
400,000 |
4,450,000 |
0.79% |
|
50,000 |
15,625 |
65,625 |
0.01% |
For further information please visit https://www.so4.com.au/asx-announcements/ or contact:
Tony Swiericzuk / |
|
Tel: +61 8 6559 5800 |
|
|
Tel: +44 (0) 20 7383 5100 |
|
Cenkos Securities plc (Joint Broker) |
Tel: +44 (0) 131 220 6939 |
|
|
Tel: +44 (0) 20 7907 8500 |
This announcement has been authorised for release by the Board of Directors.
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.
Not for release to US wire services or distribution in the United States .
This announcement has been prepared for publication in
Forward Looking Statements
This announcement may include forward-looking statements. These forward-looking statements are based on
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...
FOR OUR FULL DISCLAIMER CLICK HERE