Appointment of Joint Broker, Issue of Equity and Total Voting Rights
Goldplat plc, the AIM listed gold recovery company in Africa, announces the appointment of VSA Capital Limited as its joint broker alongside its existing nominated adviser and joint broker, SP Angel Corporate Finance LLP.
As part of the arrangements with VSA, the Company is issuing 71,000 new ordinary shares of 1p each in the Company to VSA at 7.04 pence per share, for a total value of £5,000 ("New Shares"). Application will be made to the London Stock Exchange for the New Shares to be admitted to trading on AIM. It is expected that admission will become effective and that trading in the New Shares will commence on 13 January 2014 ("Admission"). Brian Moritz, Goldplat's Chairman, commented: "We are delighted to have VSA as joint broker. We believe that VSA's strength among overseas investors will ideally complement SP Angel's presence in the UK."
Total Voting Rights
Following Admission of the New Shares, the Company confirms that its issued share capital comprises 168,441,000 Ordinary Shares of 1p each. All of the Ordinary Shares have equal voting rights and 1,000,000 Ordinary Shares are held in treasury. Therefore, the total number of voting rights in the Company is 167,441,000.
This figure may be used by shareholders 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 share capital of the Company under the Disclosure and Transparency Rules of the Financial Conduct Authority.
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For further information visit www.goldplat.com or contact:
|Ian Visagie, CEO||Goldplat plc||Tel: +27 (82) 671 2078|
|Ewan Leggat/Katy Birkin||SP Angel Corporate Finance LLP||Tel: +44 (0) 20 3463 2260|
|Andrew Raca/Justin McKeegan||VSA Capital||Tel: + 44 (0)20 3005 5000|
|Felicity Edwards/ Charlotte Heap||St Brides Media & Finance Ltd||Tel: +44 (0)20 7236 1177|
Goldplat plc, is an AIM-listed profitable, debt free gold recovery services company with two market leading operations in South Africa and Ghana which produced 35,099 ounces of gold in FY 2013 generating a gross profit of £5,308,892. The Company's strategy is focussed on utilising its robust cash flow generated from flagship gold recovery operations in Africa to self-fund sustainable growth and expansion of niche gold recovery business model. The Company also has a small gold mining and exploration portfolio in Kenya, Burkina Faso and Ghana and is evaluating various opportunities to create value or monetise these assets.
Goldplat is a profitable, African gold recovery services company . . .More info...
Goldplat has two profitable gold recovery businesses in South Africa and Ghana . . .More info...
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