Result of GM, Cancellation and Admission to AIM

RNS Number : 8489F

Katoro Gold PLC

22 May 2017

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

22 May 2017

Opera Investments PLC

(renamed Katoro Gold PLC)

Result of General Meeting, Directorate Changes,

Change of Name, Cancellation and Admission to AIM

Result of General Meeting

Further to the announcement made by Opera Investments PLC ("Opera" or the "Company") on 5 May 2017 regarding, inter alia, the Acquisition, Placing, Rule 9 Waiver, Admission to AIM and Cancellation, the Company is pleased to announce that, at the General Meeting held earlier today, all Resolutions put to shareholders were duly passed, including the Whitewash Resolution which was passed by means of a poll of shareholders.  Accordingly, Admission to AIM and Completion of the Acquisition of Kibo Gold Limited are expected to take place on 23 May 2017.

Directorate Changes

Following the passing of the Resolutions as set out above, the Company announces, each with effect from Admission, the appointments of Louis Coetzee as Executive Chairman and Tinus Maree as Non-executive Director of the Company.

Change of Name

At the General Meeting, Shareholders also approved the change of the Company's name to Katoro Gold PLC. The necessary name change certificate has been received from Companies House and the name change is effective immediately.  The Company's AIM TIDM is therefore expected to change to KAT with effect from Admission.  Following the change of the Company's name becoming effective, its website address, which will include the information required by AIM Rule 26, will change on Admission to www.katorogold.com.

Cancellation, Admission and Total Voting Rights

Application has been made for the Enlarged Share Capital to be admitted to trading on AIM.  It is expected that the Cancellation of the Company's Ordinary Shares to the Standard Segment and to trading on the Main Market and Admission to trading on AIM will become effective and that dealings in the Enlarged Share Capital will commence at 8.00 a.m. on 23 May 2017.

Following Admission, the Enlarged Share Capital will comprise 108,283,332 Ordinary Shares. Each Ordinary Share has one voting right.  No Ordinary Shares are held in treasury.  Accordingly, the total number of voting rights will be 108,283,332.

The above figure may be used by Shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Katoro Gold PLC under the FCA's Disclosure Guidance and Transparency Rules.

Capitalised terms used in this announcement carry the same meaning as those ascribed to them in the admission document published on 5 May 2017, a copy of which is available on the Company's website, unless the context requires otherwise.

 

Enquiries

Katoro Gold PLC
Louis Coetzee	[phone]
Paul Dudley	[phone]
Strand Hanson Limited (Nominated & Financial Adviser)	[phone]
Richard Tulloch / Ritchie Balmer / Frederick Twist
Beaufort Securities Limited (Broker)	[phone]
Jon Belliss

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

-ENDS-

 

END

 

 

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