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Kazera Global Plc announced on 02 February 2022 the issue and allotment of 5,579,468 new ordinary shares at 1.2546p per share to settle fees due to certain contractors. Application will be made for these shares to be admitted to trading on AIM, with dealings expected to commence on or around 8 February 2022. Following admission, the Company's issued share capital will consist of 766,033,410 Ordinary Shares.
| Date | 2 Feb 2022 |
| Time | 13:22:15 |
| Category | Capital structure |
| ID | 5045A |
Kazera Global Plc
("Kazera" or the "Company")
Issue of Equity
Kazera announces that it has issued and allotted 5,579,468 new ordinary shares in the Company ("Ordinary Shares") at a price of 1.2546p per Ordinary Share, (being the volume weighted average price over the previous 30 days less 10%) in order to settle fees due to certain contractors. Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on or around the 8 February 2022.
The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following admission of the shares, the Company's issued share capital consists of 766,033,410 Ordinary Shares. Accordingly, the figure of 766,033,410 may be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information on the Company, visit: www.kazeraglobal.com
|
Kazera Global plc (c/o Camarco) Dennis Edmonds (CEO) |
Tel: +44 (0)203 757 4980 |
|
finnCap (Nominated Adviser and Joint Broker) Christopher Raggett / Tim Harper (Corporate Finance) |
Tel: +44 (0)207 220 0500 |
|
Camarco (PR) Gordon Poole / James Crothers / Hugo Liddy |
Tel: +44 (0)20 3781 8331 |
**ENDS**
About Kazera Global
Kazera Global is an investment company focused on opportunities principally, but not exclusively in the resources and energy sectors. The Company's first investment was in African Tantalum, a Namibian based operation of which it now owns 100%, followed in June 2020 by the acquisition of its South African diamond and mineral sands assets.