Berkeley Energia is pleased to announce its admission to the to the Main Board of the London Stock Exchange.
The Prospectus has been duly passported into Spain and the Company has received confirmation from the Spanish National Securities Market Commission that the Prospectus will be published and is valid for the shares to be admitted to trading on the main market of the Madrid, Valencia, Bilbao and Barcelona stock exchanges ("SSE") ("SSE Admission").
The banking arrangements for custody and settlement for shares on the SSE are being finalised and commencement of trading on the SSE will occur once these arrangements are finalised.
Berkeley's Managing Director & CEO, Paul Atherley, commented:
“We are pleased to be listing Berkeley on both the Main Board of the London Stock Exchange and, in due course, the Spanish Stock Exchanges. It represents a major step forward for the Company as we progress with the Salamanca Project, providing economic stimulus and creating badly needed jobs in a region with some of the highest levels of unemployment in Europe.
The Company will be Spain's only listed mining company and we look forward to being a part of the country's modern mining history and creating long-term shareholder value."
Trading in the Company's shares on AIM will be cancelled simultaneously on LSE Admission. Existing AIM shareholders do not have to take any action to maintain their holdings as their shares will automatically be admitted to trading on the standard listing segment of the LSE.
Berkeley's existing listing on the ASX will remain unchanged. Berkeley's shares (or depository interests representing shares) will be transferable between the ASX, LSE and upon admission to trading, SSE.
The Company is not raising any funds or issuing any new shares in connection with LSE Admission and SSE Admission. The Company's shares will continue to be registered with their existing ISIN number AU000000BKY0 and SEDOL number B1KZDW4. On the LSE Admission and SSE Admission, the Company's issued share capital will be 254,684,420 ordinary shares.
To read the full announcement please click here.
|
