Exercise of share options and total voting rights
14 September 2020
Serabi Gold Plc
(“Serabi” or the “Company”)
Exercise of share options and total voting rights
Exercise of options
The Company announces that it has today issued 125,000 new Ordinary Shares following an exercise of options by a former director at an exercise price of 75 pence per new Ordinary Share. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue. Application is being made for the new Ordinary Shares to be admitted to trading on AIM on or around 18 September 2020, and they will also be listed on the TSX. The proceeds of the exercise amounted to ?93,750.
Total Voting Rights
Following Admission, the Company's issued share capital will consist of 59,084,551 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in Treasury. Therefore, the total number of Ordinary Shares in the Company with voting rights is 59,084,551.
The above figure of 59,084,551 Ordinary Shares 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Enquiries:
| Serabi Gold Plc | |
| Michael Hodgson | Tel: +44 (0)20 7246 6830 |
| Chief Executive | Mobile: +44 (0)7799 473621 |
| Clive Line | Tel: +44 (0)20 7246 6830 |
| Finance Director | Mobile: +44 (0)7710 151692 |
| Email: contact@serabigold.com | |
| Website: www.serabigold.com | |
| Beaumont Cornish Limited ("Beaumont Cornish") Nominated Adviser and Financial Adviser | |
| Roland Cornish | Tel: +44 (0)20 7628 3396 |
| Michael Cornish | Tel: +44 (0)20 7628 3396 |
| Peel Hunt LLP UK Broker | |
| Ross Allister | Tel: +44 (0)20 7418 8900 |
The person responsible for arranging for the release of this Announcement on behalf of the Company is Clive Line, Finance Director.