TIDMCICC

RNS Number : 4534N

CIC Capital Ltd

06 September 2013

CIC Capital Ltd ("CIC" or the "Company")

Conversion of the July 2012 dividend shares into new Common Shares

Further to the announcement by CIC on 9 August 2013 that the Company would be issuing 1,242,419 new Common Shares to registered shareholders as at 31 July 2012 as a result of the conversion of the Special Series B Class Non-Voting Shares issued to them at the time, application for the admission of the new Common Shares to trading on AIM has today been made and Admission to trading is expected to occur on Thursday 19 September 2013.

Not all CIC shareholders will be entitled to these shares. Shareholders should check with their broker whether or not new shares have been credited to their account before seeking to deal in them.

The new Common Shares will represent 0.66 per cent. of the enlarged share capital of the Company and will rank equally in all respects with the existing Common Shares. Following this issue, the total number of common shares in issue will be 187,686,846. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the issued share capital of the company. In addition, there are 67,554,820 warrants in issue and 10,750,000 options outstanding.

Enquiries

 
CIC Capital Ltd          Nominated Adviser 
 Stuart J. Bromley        Cairn Financial Advisers 
 Tel: +86 136 0113 1912   LLP 
                          Tony Rawlinson 
                          Tel: +44 (0)207 148 7900

CIC Capital Ltd

The Company is a consulting and advisory company, operating primarily in the mining and energy infrastructure sectors. The Company seeks to provide consulting and advisory services to entities operating at various stages of resource development, and the exclusive right to control the public listing process of any client company if the client company is an unlisted company.

The core services provided by CIC Mining Resources are: the Advisory Service which provides a range of technical, project management, strategic and commercial services; the Strategic Investment Service which helps companies source investment from industry partners for which the Company will typically receive an equity interest; and Advice on Listings where the Company helps the client realise value by listing on a Stock Exchange www.CICcapital.com

This information is provided by RNS

The company news service from the London Stock Exchange

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