Paragon Resources PLC Issue of Equity (0955N)
2013年9月3日 - 6:00PM
RNSを含む英国規制内ニュース (英語)
TIDMPAR
RNS Number : 0955N
Paragon Resources PLC
03 September 2013
3(rd) September 2013
PARAGON RESOURCES PLC
("Paragon" or the "Company")
(AIM:PAR)
Issue of Equity to raise GBP93,258
Paragon is pleased to announce that it has raised GBP93,258
(before costs) via a draw down on its Equity Financing Facility
("EFF") with Darwin Strategic Limited ("Darwin"), a majority owned
subsidiary of Henderson Global Investors Volantis Capital.
Under the terms of the EFF agreement the Company raised gross
proceeds GBP93,258 by way of the issue of 34,750,000 ordinary
shares of 0.05p each in the share capital of the Company ("Ordinary
Shares") to Darwin (the "EFF Shares"). The new EFF Shares have been
issued at a gross price of 0.2684 pence per Ordinary Share and rank
pari passu in all respects with existing Ordinary Shares.
Application will be made to the London Stock Exchange for the
34,750,000 EFF Shares to be admitted to trading on AIM. It is
expected that the admission will become effective and that trading
in the EFF Shares will commence on 6 September 2013
("Admission").
Following Admission, the Company's enlarged issued share capital
will comprise of 379,224,766Ordinary Shares. This figure of
379,224,766 Ordinary Shares 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 in their interest in, the share capital of the Company under
the FCA's Disclosure and Transparency Rules.
ENDS
For further information, please contact:
Paragon Resources PLC Allenby Capital Limited
Simon Hunt (Nominated Adviser and Broker)
(Chairman) Nick Harriss/Jeremy Porter/James
+44 7733 337 755 Reeve
www.paragon-resources.com +44 20 3328 5656
www.allenbycapital.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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