Block Listing Six Monthly Return

RNS Number : 3409H
Hummingbird Resources PLC
13 March 2015
 



Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

13 March 2015

Hummingbird Resources plc ("Hummingbird Resources" or "the Company")

Block Listing Six Monthly Return

 

Hummingbird Resources, the multi-project gold company, today announces the following update relating to its block admission of shares to be issued to certain option holders upon the exercise by such option holders of options granted pursuant to the Company's share options schemes:

 

Name of company:

Hummingbird Resources plc

Name of schemes:

The Hummingbird Resources plc - Unapproved Share Option Scheme, the Hummingbird Resources Limited EMI Share Option Plan 2010, and other share options

Period of return:

From: 13 September 2014

To: 12 March 2015

Balance under the schemes of securities not issued at the beginning of the period subject to the block admission:

5,453,500 ordinary shares

Number of securities issued under the schemes during the period:

Nil ordinary shares

Number of securities lapsed under the schemes during the period:

43,500 ordinary shares

Balance under the schemes of securities not yet issued at the end of the period subject to the block admission:

5,660,000 ordinary shares

Number and class of securities originally admitted and the date of admission:

4,385,000 ordinary shares were admitted on 21 March 2012.  A further 2,349,000 ordinary shares were admitted on 12 March 2014 and 250,000 ordinary shares were admitted on 12 March 2015.  The total number of ordinary shares admitted in respect to its block admission as detailed above are therefore 6,984,000.

Name of contact:

Thomas Hill, Company Secretary

Telephone number of contact:

+44 (0) 203 416 3560

 

**ENDS**

 

For further information please visit www.hummingbirdresources.co.uk or contact: 

 

Daniel Betts

Thomas Hill

Robert Monro

Hummingbird Resources plc

Tel: +44 (0) 203 416 3560

 

 

 

Stewart Dickson  Jeremy Stephenson

 

Cantor Fitzgerald Europe

Nominated Adviser and Broker

Tel: +44 (0) 207 894 7000

 

 

 

 

Lottie Brocklehurst

Felicity Winkles

Hugo de Salis

St Brides Partners Ltd

Financial PR/IR

Tel: +44 (0) 20 7236 1177

 

 

Notes to Editors:

 

About Hummingbird Resources Plc

 

Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company. The Company has two core gold projects, the near-term production Yanfolila project in Mali and the Dugbe development project in Liberia. Its current focus is on bringing Yanfolila, which has a 1.8Moz gold inventory, to production in H1 2016.  The high grade gold project has the potential to turn a profit in a varying gold price environment and will allow for quick returns with low operating costs.  A US$75 million debt facility has been agreed with Taurus Mining and construction is expected to commence in H1 2015.

 

The 4.2Moz Dugbe project in Liberia provides Hummingbird with excellent development upside. An optimisation of the DFS is ongoing while Yanfolila is brought to production in the near term. Additionally, the Company has 5,000km2 of highly prospective exploration ground in Mali and Liberia and is constantly evaluating quality new assets.

 

For more information, please visit www.hummingbirdresources.co.uk

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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