29 August 2023
Bens Creek Group plc
("Bens Creek", the "Group" or the "Company")
Exercise of options 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 for the exercise of options to subscribe for 300,000 new ordinary shares of 0.1 pence each in the Company (the "New Ordinary Shares"). The exercise price is 5 pence per New Ordinary Share. These options have been exercised by a former employee of the Company and will generate proceeds of £15,000 for the Company.
Application has been made for the 300,000 New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 1 September 2023.
Upon Admission, the Company's issued share capital will consist of 399,573,728 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 399,573,728. 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 Peter Shea, Chief of Staff
| +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 | |
|
WH Ireland Limited (Joint Broker) Harry Ansell / Katy Mitchell |
+44 (0) 207 220 1666 | |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.