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Bens Creek Group PLC (BEN)


Wednesday 08 December, 2021

Bens Creek Group PLC

Exercise of warrants and change to TVR

RNS Number : 9795U
Bens Creek Group PLC
08 December 2021

8 December 2021



Bens Creek Group plc

("Bens Creek" or the "Company")


Exercise of warrants and change to total voting rights


Bens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announces that it has received notice of exercise for warrants to subscribe for 370,880 new ordinary shares of 0.10 pence each in the Company ("Ordinary Shares") at a price of 10 pence per new Ordinary Share. The warrants were issued to Orana Corporate LLP as part of the broking fees for the placing announced on 15 October 2021 and represents the price of the shares at the time of the placing. The exercise of these warrants will generate proceeds of £37,088 for the Company.


Application will be made shortly for the 370,880 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 14 December 2021.


Upon Admission, the Company's issued share capital will consist of 352,070,880 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 352,070,880. With effect from Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.


For further information please contact:

Bens Creek Group plc

Adam Wilson, CEO

Raju Haldankar, CFO


+44 (0) 204 558 2300

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Nick Athanas

Nick Naylor

George Payne

+44 (0) 203 328 5656



Optiva Securities Limited (Joint Broker)

Christian Dennis

Jeremy King

Daniel Ingram


+44 (0) 203 137 1902


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