Result of General Meeting & Capital Reorganisation

RNS Number : 8956E

Galileo Resources PLC

13 February 2015


Galileo Resources Plc

(“Galileo” or “the Company”)


Result of General Meeting (“GM”)

Capital Reorganisation


The Board of Galileo is pleased to announce that at the GM of the Company held earlier today the special resolution was passed.


The AIM ticker and ISIN will remain unchanged.


In addition, as announced on 29 January 2015, application has been made for the 10,000,000 new Ordinary Shares of 0.1p (the “Ordinary Shares”) to be admitted to trading on AIM with admission expected on or around 19 February 2015. These shares were issued at 3p to raise £300,000 in cash for the Company. Following the issue and allotment of these new Ordinary Shares the Company has an issued share capital of 124,502,721 Ordinary Shares.


The Company also holds no Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares in the Company with voting rights is 124,502,721 and this figure 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 to their interest in, the Company.


For further information, please contact:


Galileo Resources PLC

Colin Bird, Chairman  & CEO

Tel +44 (0)20 7581 4477

Andrew Sarosi, Executive Director


Tel +44 (0) 1752 221937

Beaumont Cornish Limited – Nominated Adviser

Roland Cornish/Felicity Geidt

Tel +44 (0)20 7628 3396

Hume Capital – Joint Broker

Jon Belliss

Tel +44 (0) 20 3693 1470


Tel +44 (0)20 7408 4090

Daniel Stewart & Co – Joint Broker

David Coffman/Colin Rowbury


Tel + 44 (0) 20 7776 6596

 This information is provided by RNS

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