GALILEO RESOURCES PLC — Regulatory Filings 2021

Apr 13, 2021

National Storage Mechanism | Additional information

RNS Number : 3562V

Galileo Resources PLC

13 April 2021

For immediate release

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR")

13 April 2021

Galileo Resources Plc

("Galileo" or "the Company")

Exercise of Warrants

Galileo Resources plc ("Galileo "or the "Company") confirms that it has issued a total of 500,000 fully paid ordinary shares in the Company (the "New Ordinary Shares") to Mr Richard Wollenberg, Non-executive director of the Company, at a price of 0.6p per share pursuant to the exercise of warrants in terms of the Placing Agreement dated 17 October 2019 (RNS announced 18 October 2019).  Application will be made for admission of the New Ordinary Shares to trading on AIM ("Admission"), with Admission expected to occur on around 19 April 2021.

Following the issue of the New Ordinary Shares, which rank pari passu to the existing ordinary shares in the Company, the Company has 912,476,317 ordinary shares in issue, all of which have voting rights. Shareholders in the Company may use this figure as the denominator for the calculation, by which they would determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. 

You can also follow Galileo on Twitter: @GalileoResource

For further information, please contact: Galileo Resources PLC

Colin Bird, Chairman Edward Slowey, Executive Director	Tel +44 (0) 20 7581 4477 Tel +353 (1) 601 4466
Beaumont Cornish Limited - Nomad Roland Cornish/James Biddle	Tel +44 (0) 20 7628 3396
Novum Securities Limited - Joint Broker Colin Rowbury /Jon Belliss	+44 (0) 20 7399 9400
Shard Capital Partners LLP - Joint Broker Damon Heath	Tel +44 (0) 20 7186 9952

Richard Wollenberg  

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Wollenberg

2

Reason for notification

a)

Position / status

Non-Executive Director

b)

Initial notification

/Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Galileo Resources plc

b)

LEI

213800KSRIVLX7BJSP45

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) 

each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 0.1 pence each in Galileo Resources plc

Issue of Ordinary Shares

ISIN GB00B115T142

Nature of the transaction

Issue of ordinary shares 

c)

Price(s) and volumes(s)

Price(s)	Volumes(s)
0.6      pence	500,000

d)

Aggregated information

n/a

e)

Date of the transaction

13 April 2021

f)

Place of the transaction

Off market

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