Issue of Equity

Summary by AI BETAClose X

Gunsynd Plc has issued 45,641,636 new ordinary shares at a weighted average price of 0.0996 pence per share to the Vendor of the Barb Project, fulfilling tranche payments two, three, and four. Tranche two involved 14,007,545 shares at 0.1094 pence, tranche three comprised 14,253,877 shares at 0.1059 pence, and tranche four consisted of 17,380,214 shares at 0.0865 pence. Following admission of these shares, expected around October 21, 2026, the Company's total issued share capital will be 1,661,239,968 ordinary shares.

Disclaimer*

Gunsynd PLC
15 October 2026
 

Gunsynd Plc

("Gunsynd" or the "Company")

Issue of Equity

Gunsynd (AIM: GUN) announces that further to its announcement of 23 June 2025, the Company has issued 45,641,636 new ordinary shares at a weighted average price of 0.0996 pence per share ("Vendor Shares") to the Vendor of the Barb Project in line with the second, third and fourth tranche payments due to the Vendor under the Agreement. The breakdown of the Vendor Shares is set out below:

Tranche

Number of ordinary shares

Issue price (pence)

2

14,007,545

0.1094

3

14,253,877

0.1059

4

17,380,214

0.0865

 

Admission

Application will be made to the London Stock Exchange for the admission of the Vendor Shares to trading on AIM ("Admission").  Admission is expected to occur on or around 21 October 2026. The new Ordinary Shares will rank pari passu with the existing ordinary shares.

Total Voting Rights

For the purposes of the Disclosure and Transparency Rules, following Admission, the Company's issued share capital will comprise 1,661,239,968 ordinary shares of 0.085 pence each. This figure may be used by shareholders as the denominator for calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

 

This announcement contains inside information for the purposes of Article 7 of the UK version of the Market Abuse Regulation (EU) 596/2014 (UK MAR). Upon publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

For further information, please contact:

Gunsynd plc

Hamish Harris

+44 (0) 20 3582 6636

 

 

Cairn Financial Advisers LLP

Liam Murray / James Western

+44 20 7213 0880

 

 

AlbR Capital Limited

Lucy Williams

+44 20 7469 0936

 

 

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company's ability to execute and implement future plans, and the occurrence of unexpected events.  Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.

 

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Companies

Gunsynd (GUN)
UK 100

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