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Ariana Resources admitted to Australian Securities Exchange

ALN

Ariana Resources PLC on Monday said it has been admitted to the official list of the Australian Securities Exchange.

The London-based mineral exploration and development firm said chess depositary interests [CDI] over its ordinary shares will start trading on the ASX on Wednesday.

Each CDI represents 10 shares in the capital of the company. The issue of the CDIs will represent 394.4 million new shares at an effective price of 1.34 pence each.

Ariana shares fell 2.2% to 1.83 pence each on Monday afternoon in London.

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