# KEFI Minerals plc Confirm Share Capital Re-organisation

- Link: https://www.directorstalkinterviews.com/kefi-minerals-plc-confirm-share-capital-re-organisation/412786895
- Published: 2019-07-04T07:15:09+01:00
- Author: Giles Arbor

At the AGM on 28 June 2019, **KEFI Minerals plc** ([LON: KEFI](https://www.directorstalkinterviews.com/company/kefi-gold-and-copper/kefi.l))
passed a resolution approving that each of the currently issued ordinary shares 
of 1.7p in the capital of the Company be sub-divided into one new ordinary share
of 0.1p and one deferred share of 1.6p. With effect from 8 July 2019 at 8.00am, 
each ordinary share in the Company will therefore have a nominal value of 0.1 pence
per share.

Application has been made to the London Stock Exchange for the New Ordinary Shares
to be admitted to trading on AIM with admission expected to occur on or around 8
July 2019.

Total Voting Rights

The number of New Ordinary Shares in issue remains 680,767,504 which is unchanged
from the number of Existing Ordinary Shares. The Deferred Shares will have no value
or voting rights and shareholders will not be issued with a share certificate in
respect of the Deferred Shares.

Following Admission of the New Ordinary Shares, the total issued share capital of
KEFI Minerals plc will consist of 680,767,504 ordinary shares, each with voting 
rights. The Company does not hold any Ordinary Shares in treasury. The total number
of voting rights in the Company will, therefore, be 680,767,504 and this figure 
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 in 
their interest in, the share capital of the Company under the FCA’s Disclosure and
Transparency Rules.

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