Nativo Resources Plc - Share Consolidation

Modified on Tue, 11 Feb at 3:02 PM

Dear client


 We have been notified that the Company is proposing to implement a consolidation of its ordinary share capital on the basis of 1 New Ordinary Share of 0.15p for every 1,500 Existing Ordinary Shares of 0.0001p each (the "Share Consolidation"). It is expected that Admission will become effective at 8:00 a.m. on 27 February 2025 whereupon the Share Consolidation will be effective.

As at 6 February 2025 (being the latest practicable date prior to the publication of the circular ), the Company had 74,462,211,686 Existing Ordinary Shares in issue. 

The Board is of the view that it would benefit the Company and Shareholders to reduce the number of Existing Ordinary Shares in issue with a resulting adjustment in the market price of such shares, by consolidating the Existing Ordinary Shares on the basis of 1 New Ordinary Share of 0.15p for every 1,500 Existing Ordinary Shares of 0.0001p each.

 

There are no holders on the platform. 

Please see the below link to the notification: https://www.londonstockexchange.com/news-article/NTVO/proposed-share-consolidation-notice-of-gm/16891204

If you have any questions, please let us know.

 


Kind regards

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