Exercise of Warrants

RNS Number : 3291B

Botswana Diamonds PLC

15 June 2016

 

15^th June 2016

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

Exercise of Warrants

Botswana Diamonds announces that pursuant to the receipt of a conversion notice from a holder of 588,250 0.85 pence warrants, it has today issued 588,250 ordinary shares of GBP 0.0025 each ("Ordinary Shares") at the exercise price of 0.85 pence per share new share ("New Share(s)").

Application has been made for the New Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM and it is expected that this will take place on or around 21 June 2016 ("Admission").

Following the Admission of the 588,250 New Shares, Botswana Diamonds will have 337,564,081 Ordinary Shares in issue which will also represent the total number of voting rights in the Company.  The above figure should 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 Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

Botswana Diamonds PLC
John Teeling, Chairman	[phone]
Jim Finn, Director
Dipti Mehta
Northland Capital Partners Limited
David Hignell/Gerry Beaney (Corporate Finance)	[phone]
John Howes (Broking)
Dowgate Capital Stockbrokers Limited
Jason Robertson	[phone]
Blytheweigh	[phone]
Camilla Horsfall	[phone]
Rachael Brooks
PSG Plus
Colm Heatley	[phone]
Alan Tyrrell	[phone]

www.botswanadiamonds.co.uk

 

END

 

 

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