ADM Energy PLC Exercise of Warrants (6770C)
19 June 2019 - 4:00PM
UK Regulatory
TIDMADME
RNS Number : 6770C
ADM Energy PLC
19 June 2019
Prior to publication, the information contained within this
announcement was deemed by the Company to constitute inside
information as stipulated under Article 7 of the Market Abuse
Regulations (EU) No. 596/2014 ("MAR"). With the publication of this
announcement, this information is now considered to be in the
public domain.
19 June 2019
ADM Energy plc
("ADM Energy" or the "Company")
Exercise of Warrants and Issue of Equity
ADM Energy plc, an oil and gas investing company quoted on AIM,
announces that it has today allotted 1,800,000 new ordinary shares
of 1 pence each pursuant to the exercise of warrants at an exercise
price of 4 pence per share providing the Company with proceeds of
GBP72,000.
Application has been made to the London Stock Exchange to admit
the new ordinary shares to trading on AIM ("Admission"). Admission
of the new ordinary shares is expected to occur on or around 24
June 2019. The new ordinary shares will rank pari passu with the
existing ordinary shares.
For the purpose of the Disclosure and Transparency Rules,
following Admission, the issued share capital of the Company will
comprise 46,513,497 ordinary shares of 1p each. The Company does
not hold any ordinary shares in treasury. The above figure may be
used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company, under
the Disclosure and Transparency Rules.
-Ends-
For further information please contact:
+44 20 7786
ADM Energy plc 3555
Richard Carter, Chairman
+44 20 7213
Cairn Financial Advisers LLP 0880
(Nominated Adviser)
Jo Turner, James Caithie
+44 20 3700
Pello Capital Limited 2500
(Broker)
Dan Gee
+44 20 7618
Luther Pendragon 9100
(Financial PR)
Harry Chathli, Alexis Gore, Joe Quinlan
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOELLFSRRDITLIA
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