Sirius Minerals PLC (LON:SXX)

Sirius Minerals PLC (LON:SXX)


Share Price
16.00 p
Change
0.13 (0.82 %)
Market Cap
£1,121.00 m
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Sirius Minerals PLC RNS Release

Block Listing Application


RNS Number : 8452A
Sirius Minerals plc
03 June 2019
 

 

3 June 2019

 

Sirius Minerals Plc

Block Listing Application

Sirius Minerals Plc ("Sirius" or the "Company") provides notification that a block listing application has been made to the London Stock Exchange and the Financial Conduct Authority for the admission of up to 436,348,751 ordinary shares in the Company (the "Block Listing Shares") to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange plc's main market for listed securities. 

The Block Listing Shares relate to the convertible bonds issued by Sirius Minerals Finance No.2 Limited, which are guaranteed by the Company, during the Company's Stage 2 financing.  The issue of the convertible bonds, due 2027, which were issued in denominations of US$200,000 each up to the aggregate principal amount of US$506.6 million, was announced on 30 April 2019 (RNS number 5209X) and 1 May 2019 (RNS number 7014X).

Block Listing Shares will be issued from time to time pursuant to the conversion of the convertible bonds.  The Company will update the total shares on issue on its website on a regular basis and the market will be updated on the total number of shares listed under the block listing scheme every 6 months.

The Block Listing Shares will rank pari passu in all respects with all existing ordinary shares in the Company.  It is expected that the block admission will become effective on 6 June 2019.

For further information, please contact:

Sirius Minerals Plc

Investor Relations

Jennifer Wyllie, Tristan Pottas

Email: [email protected]

Tel: +44 845 524 0247

Media enquiries

Edelman

Alex Simmons, Ed Brown

Email: [email protected]

Tel: +44 7970 174 353

Tel: +44 7540 412 298

 

About Sirius Minerals Plc

Sirius Minerals Plc is focused on the development of the Woodsmith Mine, which will access the world's largest and highest grade polyhalite deposit located in North Yorkshire, United Kingdom.  The Company's polyhalite product, POLY4, is a unique multi-nutrient fertilizer, which can be used to increase balanced fertilization around the world.  Sirius Minerals' shares are traded on the Premium List of the London Stock Exchange.  Its shares are also traded in the United States on the OTCQX through a sponsored ADR facility.  Further information on the Company can be found at: www.siriusminerals.com.


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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