Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
19 February 2021
Goldplat plc ('Goldplat' or 'the Company')
Update on the Simplifying Group Structure
Goldplat plc, the AIM quoted gold producer, with international gold recovery operations located in South Africa and Ghana, wishes to provide a clarification and an update to the announcement of 15 February 2021 concerning the proposed restructuring of the Group which stated that the 74% shareholding of Gold Minerals Resources Limited (intermediate holding company) in Goldplat Recovery (Pty) Ltd ('GPL') has been transferred to Goldplat.
The transfer of this shareholding is subject to the waiver of pre-emptive rights by minority shareholders of GPL. The consultation process with the minority shareholders is underway and Company will keep the market updated as the transfer of shares and the restructuring plan generally is progressed and completed.