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Bens Creek Group PLC (BEN)

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Friday 29 April, 2022

Bens Creek Group PLC

Total voting rights and warrants in issue

RNS Number : 9392J
Bens Creek Group PLC
29 April 2022
 

29 April 2022

 

Bens Creek Group plc

 

("Bens Creek" or the "Company")

 

Total voting rights and update on number of warrants in issue

 

Bens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announces that the Company's issued ordinary share capital as at the date of this announcement comprises 354,031,750 ordinary shares of 0.10 pence each, 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 is 354,031,750.

 

The above 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.

 

The Company also announces an update on the number of warrants in issue. In addition to the warrants issued at the time of the Company's admission to trading on AIM in October 2021, the Company confirms that it has also issued a total of 1,632,764 warrants to subscribe for new ordinary shares to WH Ireland Limited in respect of the issue of the convertible loan notes announced by the Company on 15 December 2021 and 18 February 2022. Of this amount, 971,000 warrants are exercisable at 28 pence per share until 14 December 2024 and 661,764 warrants are exercisable at 40 pence per share until 17 February 2025.

 

The Company can confirm that there are, as of today's date, a total of 2,251,014 warrants that remain in issue and capable of exercise representing 0.64 per cent. of the current issued share capital of the Company.

 

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 (Corporate Finance)

Kelly Gardiner (Sales and Corporate Broking)

+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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