Update on placing and holding in company

RNS Number : 4086A

Paternoster Resources PLC

22 December 2014

 



22 December 2014

Paternoster Resources plc

("Paternoster" or the "Company")

Update on placing and holding in Company

Paternoster announces it now expects the placing announced on 9 December 2014 to complete tomorrow, 23 December 2014, when the 95,000,000 new ordinary shares being issued in connection with it are now expected to be admitted to trading on AIM ("Admission").

Holding in Company

Following Admission, Mr Mike Prentice's holding of 53,422,439 ordinary shares will represent approximately 7.9 per cent. of the issued share capital of the Company.

For more information please contact:

Paternoster Resources plc:
Nicholas Lee, Chairman Matt Lofgran, Director	[phone]

Nominated Advisor and Joint Broker:
Westhouse Securities
Antonio Bossi / David Coaten	[phone]

Joint Broker:
Peterhouse Corporate Finance
Lucy Williams	[phone]

 

END

 

 

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