88 Energy Limited Issue of Equity (0175S)
03 July 2020 - 9:17PM
UK Regulatory
TIDM88E
RNS Number : 0175S
88 Energy Limited
03 July 2020
3 July 2020
88 ENERGY LIMITED
Issue of Equity
88 Energy Limited ("88E" or the "Company") confirms that it has
issued a further 84,723,469 fully paid ordinary shares (the "New
Ordinary Shares") in the Company in relation to the recommended
off-market takeover offers (the "Offers") for all of the ordinary
shares and listed options in XCD Energy Limited (ASX: XCD) ("XCD
Energy"). The New Ordinary Shares have been issued in respect of
further acceptances of the Offers received prior to 7.00 p.m. on 29
June 2020.
Application has been made for admission of the New Ordinary
Shares issued to trading on AIM on 6 July 2020. Following the issue
of all the New Ordinary Shares, which rank pari passu to the
existing ordinary shares in the Company, the Company has
8,600,252,450 ordinary shares in issue, all of which have voting
rights.
Media and Investor Relations:
88 Energy Ltd Tel: +61 8 9485 0990
Dave Wall, Managing Director Email: admin@88energy.com
Finlay Thomson , Investor Relations Tel: +44 7976 248471
Hartleys Ltd Dale Bryan Tel: + 61 8 9268 2829
Cenkos Securities Neil McDonald/Derrick Tel: + 44 131 220 6939
Lee
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END
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