Premier African Minerals Limited will implement a share consolidation effective October 14, 2025, at 8:00 a.m. (London time), resulting in one new ordinary share for every ten existing ordinary shares.
Following the consolidation, the company’s issued share capital will be reduced from 84,859,029,039 existing ordinary shares to 8,485,902,904 new ordinary shares. The new ISIN will be VGG7223M1187, and the SEDOL will be BNVY1J7.
CREST accounts are expected to be credited by 8:00 a.m. on October 14, while replacement share certificates will be dispatched by October 28, 2025.
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Consolidation details |
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Company Name |
Premier African Minerals Limited |
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Security |
Ordinary shares of no par value |
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Existing number of Ordinary Shares |
84,859,029,039 |
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Consolidation |
One New Ordinary Share for every 10 Existing Ordinary Shares |
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Number of New Ordinary Shares on effective date |
8,485,902,904 |
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ISIN |
VGG7223M1187 |
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SEDOL |
BNVY1J7 |
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TIDM |
PREM (unchanged) |
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Event |
Date |
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Date of Annual General Meeting which approved the consolidation |
5 June 2025 |
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Record date for consolidation |
6.00pm, 13 October 2025 |
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CREST accounts due to be credited |
8.00am, 14 October 2025 |
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Consolidation effective date and trading expected to commence in the New Ordinary shares |
8.00am, 14 October 2025 |
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Replacement certificates due to be despatched
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By 28 October 2025
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The consolidation was approved at the company’s AGM on June 5, 2025, with the record date set at 6:00 p.m. on October 13, 2025.
