Oxus Mining Plc
18 June 2002
Oxus Mining plc
Placing and Open Offer - Results of Open Offer
Oxus Mining plc (the 'Company') announces that the Open Offer of 26,209,863 New
Ordinary Shares, announced on 24 May 2002, closed at 3.00 pm on 18 June 2002. As
at that time, valid applications, including excess applications, had been
received from qualifying shareholders in respect of 8,649,283 New Ordinary
Shares. This level of applications represents approximately 33.0 per cent. of
the 26,209,863 shares available under the Open Offer and 68.1 per cent. of the
12,698,201 shares available after excluding the 13,511,662 new Ordinary Shares
which certain shareholders undertook not to take up under the Open Offer (such
shares having been placed firm with institutional and other investors).
The Open Offer shares which have not been taken up by qualifying shareholders
will be placed with institutional and other investors.
As previously announced, admission of the New Ordinary Shares to the
Alternative Investment Market of the London Stock Exchange is expected to take
place on 25 June 2002.
Oxus Mining plc Tel: +44 (0) 1483 714 411
Roger Turner, Chief Executive
Sacha Borthwick, VP Corporate Development & IR
Brown, Shipley & Co. Limited Tel: +44 (0) 20 7606 9833
Bill Staple, Director
Further information can be obtained by visiting the Company's website:
The Company can also be contacted by e-mail: firstname.lastname@example.org.
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