LONDON - Great Western Mining Corporation PLC (AIM:GWMO) announced the upcoming admission of 1,818,181,818 ordinary shares to trading on the AIM and Euronext (EPA:ENX) Growth markets, expected to occur on December 2, 2024. This move follows the company's recent placement of new shares amounting to £300,000, which is conditional upon the shares' admission.
Once the new shares are admitted, Great Western's issued ordinary share capital will total 10,165,127,564 ordinary shares, each with a nominal value of €0.0001. The company has confirmed that there are no ordinary shares held in treasury. Consequently, the total voting rights in the company post-admission will be equivalent to the number of ordinary shares.
Shareholders will be able to use this total figure as the denominator for calculations to determine whether they are required to notify their interest in, or a change to their interest in Great Western, in compliance with the Transparency (Directive 2004/109/EC) Regulations 2007.
The new shares will be on equal footing (rank pari passu) with the currently traded ordinary shares on AIM and Euronext Growth. This information is based on a press release statement issued by the company and provides shareholders with the necessary details to understand the implications of the new share admission on their holdings and voting rights.
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