KEFI Minerals (KEFI); allots and issues 23,732,031 new shares

Published on 21-10-2019 08:12:33
Author Sparks Team

KEFI has received notice from one of its working capital providers to convert £150,000 of the loan note issued on 5 August 2019 and associated costs of £7,500 into new KEFI ordinary shares of 0.1p each at a price 0.664p per share. Therefore, KEFI has allotted and issued 23,732,031 new KEFI ordinary shares of 0.1p each to the loan facility provider.

An application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM with admission expected to occur on or around 24 October 2019.

Following admission of the 23,732,031 new ordinary shares, the total issued share capital of the company will consist of 821,815,215 ordinary shares each with voting rights.

Share this with friends and colleagues