Strategic Investment update

By

Regulatory News | 20 Dec, 2024

Updated : 15:56

RNS Number : 9974Q
Rome Resources PLC
20 December 2024
 

20 December 2024

 

Rome Resources Plc

("Rome" or the "Company")

 

Strategic Investment update

 

Rome Resources Plc (AIM: RMR), the DRC-focused tin explorer, provides the following update in relation to the Company's Strategic Investment, details of which were announced by the Company on 17 December 2024.

 

The Company remains in close contact with Stanvic and has received confirmation that the Subscription monies have been duly transferred. The Company has today received a transmission report from the intermediary bank involved in the funds transfer process, which states that the value date for the Subscription monies is Tuesday 24 December 2024. Accordingly, it is now anticipated that Admission will become effective and that dealings in the Subscription Shares will commence on AIM at 8.00 a.m. on or around 30 December 2024, taking into account the intervening Bank Holidays.

 

The same definitions apply throughout this announcement as those set out in the Company's announcement released on 17 December 2024, unless the context requires otherwise.

 

For further information please contact:

 

Rome Resources Plc

Paul Barrett, Chief Executive Officer

Mark Gasson, Chief Operating Officer

Tel. +44 (0)20 3143 6748

 

Allenby Capital Limited (Nominated Adviser and Joint Broker)

John Depasquale / Vivek Bhardwaj / Lauren Wright (Corporate Finance)

Stefano Aquilino / Joscelin Pinnington (Sales & Corporate Broking)

Tel. +44 (0)20 3328 5656

 

OAK Securities (Joint Broker)

Jerry Keen, Head of Corporate Broking (jerry.keen@oak-securities.com)

Henry Clarke, Head of Sales (henry.clarke@oak-securities.com)

Tel. +44 (0)20 3973 3678

 

Camarco (Financial PR)

Gordon Poole / Emily Hall / Sam Morris

Tel. +44 (0) 20 3757 4980

 

OAK Securities is a trading name of Merlin Partners LLP. Merlin Partners LLP is authorised and regulated by the Financial Conduct Authority (Reference Number: 449191). Merlin Partners LLP is registered in England and Wales (Registered Partnership Number: OC317265).

 

 

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