Appointment of Joint Broker, Issue of Equity an...

Appointment of Joint Broker, Issue of Equity and Total Voting Rights

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
7 January 2014
Goldplat plc ('Goldplat' or 'the Company')
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.

**ENDS**

For further information visit www.goldplat.com or contact:

Ian Visagie,  CEOGoldplat plcTel: +27 (82) 671 2078
Ewan Leggat/Katy Birkin           SP Angel Corporate Finance LLPTel: +44 (0) 20 3463 2260
Andrew Raca/Justin McKeeganVSA CapitalTel: + 44 (0)20 3005 5000
Felicity Edwards/ Charlotte HeapSt Brides Media & Finance LtdTel: +44 (0) 20 7236 1177

Notes:

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.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Goldplat plc via Globenewswire

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