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DJ Pelican House Mining Plc Outcome of General Meeting

 
TIDMPHM 
 
Pelican House Mining plc 
 
                  (the "Company" or "Pelican House Mining"); 
 
                 Outcome of General Meeting; Change of Name; 
 
                          Share Placing Unconditional 
 
A general meeting ("General Meeting") of the Company, notice of which was 
posted on 10th December 2018, occurred today at 11.00 a. m. GMT. All 
resolutions before shareholders were passed without opposition. The passing as 
a special resolution of resolution 5, being the proposed change of name from 
Pelican House Mining plc to Sport Capital Group plc, shall result, when the 
name-change has been registered with the Registrar of Companies, in the 
Company's being known by its new name. The NEX Exchange Growth Market ticker 
symbol for the ordinary shares of 0.1 pence each ("Shares") in the capital of 
the Company shall shortly be changed from "PHM" to "SCG". 
 
On 6th December 2018, the Company announced a placing for cash (the "Placing") 
of 13,333,333 new Shares (the "Placing Shares") together with a like number of 
warrants, conditional only upon the General Meeting resolutions' being 
approved. The outcome of the General Meeting means that the Placing has now 
become unconditional and, upon allotment of the Placing Shares, the Company's 
issued Share capital shall be GBP111,322.83 or 111,322,833 Shares (previously GBP 
97,989.50 or 97,989,500 Shares). 
 
Following allotment of the Placing Shares, Eight Capital Partners plc, the NEX 
Exchange-quoted investment vehicle, shall be interested in 26,833,333 Shares or 
24.10 per cent of the Share capital as enlarged by the Placing (previously, 
13,500,000 Shares or 13.78 per cent) of Pelican House Mining. 
 
Simon Grant-Rennick, 
 
Chairman of the Board, 
 
Pelican House Mining plc, 
 
London, 2nd January 2019 
 
Enquiries: 
 
Pelican House Mining plc:      Simon Grant-Rennick 
 
E-mail:                    contact@pelicanhousemining.co.uk / sgrelk@aol.com 
 
Tel:                         + 44 797 325 3124 
 
Keith, Bayley, Rogers & Co. Limited: Graham Atthill-Beck 
 
E-mail:                Graham.Atthill-Beck@kbrl.co.uk / 
blackpearladvisers@gmail.com 
 
Tel:                     +44 20 7464 4091 
 
Mob:                   +44 750 643 4107; +971 50 856 9408 
 
                          Brinsley Holman 
 
E-mail:              Brinsley.Holman@kbrl.co.uk 
 
Tel:                   +44 20 7464 4098 
 
 
 
END 
 

(END) Dow Jones Newswires

January 02, 2019 08:40 ET (13:40 GMT)