Block Listing Six Monthly Return

RNS Number : 4016Z
Hummingbird Resources PLC
14 March 2017
 

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

 

14 March 2017

 

Hummingbird Resources plc

("Hummingbird" or the "Company")

 

Block Listing Six Monthly Return

 

Hummingbird Resources plc (AIM: HUM), the West African gold company, 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.

 

Application has been made for 7,772,568 ordinary shares to be admitted to the block admission pursuant to the issue of options during the period in review.  

 

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, Hummingbird Incentive Plan Performance Orientated and other share options

 

Period of return:

From: 11 September 2016

 

To: 13 March 2017

 

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

 

5,494,000 ordinary shares

Number of securities issued under the schemes during the period:

 

Nil

Number of securities lapsed under the schemes during the period:

 

Nil

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

 

13,266,568 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 21 March 2014, 250,000 ordinary shares were admitted on 12 March 2015 and 7,772,568 ordinary shares were admitted on 13 March 2017.  The total number of ordinary shares admitted in respect to its block admission as detailed above are therefore 14,756,568.

 

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) 20 3416 3560




James Spinney

Ritchie Balmer

James Bellman

Strand Hanson Limited

Nominated & Financial Adviser

Tel: +44 (0) 20 7409 3494

 




Jon Belliss

Beaufort Securities Limited

Broker

Tel: +44 (0) 20 7382 8300




Lottie Brocklehurst

Susie Geliher

St Brides Partners Ltd

Financial PR/IR

Tel: +44 (0) 20 7236 1177

 

About Hummingbird Resources Plc

 

Notes to Editors

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 Gold Project in Mali and the Dugbe Gold Project in Liberia.  It is currently building Yanfolila targeting first production by end of 2017, which has a Probable Reserve of 709,800oz @ 3.14g/t and total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential.  The high-grade gold project has low operating costs of US$695/oz AISC with 132,000oz of first full year's production for over US$70m of free cash flow at a US$1,250 gold price. 

 

The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird with excellent development upside.  An optimisation of the DFS is on-going whilst Yanfolila is brought to production in the near-term.  Additionally, the Company has 4,000km2 highly prospective exploration ground in Mali and Liberia and is constantly evaluating new quality assets.

 

 

 

 

 

 


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