19 October 2016
AIM share code: DCP & JSE share code: DMC
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)
("DiamondCorp", "the Group" or "the Company")
Rule 2.9 Announcement - Relevant Securities in Issue
Further to the Company's announcement on 18 October 2016, and in accordance with Rule 2.9 of the Takeover Code, as at the date of this announcement, there are the following classes and numbers of relevant securities in issue:
· 478,739,580 ordinary shares of 0.1 pence each, admitted to trading on the AIM Market of the London Stock Exchange and on AltX of the Johannesburg Stock Exchange. The International Securities Identification Number for the ordinary shares is GB00B183ZC46.
· 276,839,478 deferred ordinary shares of 2.9 pence each. The deferred ordinary shares do not entitle the holders to (a) receive notice of or attend and vote at any general meeting of the Company; (b) to receive any dividend or other distribution; or (c) to participate in any return on capital on winding up, other than the nominal amount paid on such shares following a substantial distribution of ordinary shares in the Company. The deferred ordinary shares effectively have a zero value, are non-transferable and have no effect on the economic interest of the holders of ordinary shares.
· £2,013,942.73 of senior secured UK bonds, incorporating capitalised interest, due for repayment on 14 December 2018. Pursuant to their terms, any request for conversion can currently be settled at the absolute discretion of the Company with ordinary shares at 5.59 pence per share or the cash equivalent of the number of underlying shares multiplied by the share price at the time of conversion.
· ZAR40,000,000 of senior secured South African bonds, due for repayment on 14 December 2018. Pursuant to their terms, any request for conversion can currently be settled at the absolute discretion of the Company with ordinary shares at ZAR 0.81 per share or the cash equivalent of the number of underlying shares multiplied by the share price at the time of conversion.
Paul Loudon, Chief Executive
Tel: +27 56 216 1300
Euan Worthington, Chairman
Tel: +44 7753 862 097
UK Broker & Nomad
Panmure Gordon (UK) Limited
Adam James/Karri Vuori/Atholl Tweedie
Tel: +44 20 7886 2500
JSE Designated Advisor
Sasfin Capital (a division of Sasfin Bank Limited)
Tel: +27 11 445 8068
SA Corporate Advisor
Qinisele Resources Proprietary Limited
Dennis Tucker/Andrew Brady
Tel: +27 11 883 6358
This information is provided by RNS