Keras Resources PLC Change of accounting reference date & EMI Options (6705U)
April 07 2021 - 5:00AM
UK Regulatory
TIDMKRS
RNS Number : 6705U
Keras Resources PLC
07 April 2021
Keras Resources plc / Index: AIM / Epic: KRS / Sector:
Mining
7 April 2021
Keras Resources plc ('Keras' or the 'Company')
Change of accounting reference date and grant of EMI Options
Keras Resources plc, the AIM listed mineral resource company, is
pleased to announce that its accounting reference date has been
changed to 31 December, in order to harmonise its year end with
that of its major trading subsidiary companies operating in Togo
and in Utah, USA. As a result, the current accounting period will
be extended to 15 months, and will end on 31 December 2021.
In addition to the interim report for the 6 months ended 31
March 2021, which will be published by 30 June 2021, the Company
will publish a second interim report for the 6 months ending 30
September 2021, which will be published by 31 December 2021. The
Company intends to publish audited accounts for the 15 months
ending 31 December 2021 by the end of May 2022 or early June 2022
and these will be published by no later than 30 June 2022 in any
event.
As part of the Company's progression to full commercial
operations it has bolstered its management team to cover the
Company's Environment, Social and Governance initiatives and Public
Relations activities and the Board of Directors have today awarded
EMI options over 10,000,000 new ordinary shares of the Company,
further details of which are set out below.
EMI Share Option Vesting Dates
01/04/2022 01/04/2023 01/04/2024
----------- ----------- -----------
Number of
shares 3,333,333 3,333,333 3,333,334
----------- ----------- -----------
Exercise price
* (GBP) 0.001183 0.001183 0.001183
----------- ----------- -----------
* 5 -day volume weighted price ('VWAP') close of business on 31
March 2021
For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, this announcement is being made on
behalf of Russell Lamming, Chief Executive Officer. This
announcement contains inside information for the purposes of
Article 7 of Regulation (EU) 596/2014.
**ENDS**
For further information please visit www.kerasplc.com , follow
us on Twitter @kerasplc or contact the following:
Russell Lamming Keras Resources plc info@kerasplc.com
Nominated Adviser & Joint
Broker
Ewan Leggat / Charlie SP Angel Corporate Finance
Bouverat LLP
Joint Broker Shard Capital Partners +44 (0) 20 3470 0470
Damon Heath / Erik Woolgar LLP +44 (0) 207 186 9900
Financial PR
Susie Geliher / Cosima
Akerman St Brides Partners Ltd +44 (0) 20 7236 1177
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
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.
END
MSCUPUQACUPGURM
(END) Dow Jones Newswires
April 07, 2021 05:00 ET (09:00 GMT)
Keras Resources (AQSE:KRS.GB)
Historical Stock Chart
From Jun 2024 to Jul 2024
Keras Resources (AQSE:KRS.GB)
Historical Stock Chart
From Jul 2023 to Jul 2024