TIDMCASP

RNS Number : 4591Y

Caspian Sunrise plc

13 May 2021

Caspian Sunrise PLC

("Caspian Sunrise" or the "Company")

Share issue

In satisfaction of an existing debt the Company has issued 3,017,956 ordinary shares in the Company at an issue price of 2.35p per share.

Application will made to London Stock Exchange for these shares to be admitted to trading on AIM ("Admission"), and dealings in the new ordinary shares are expected to commence on or around 18 May 2021. The new shares will, when issued, rank pari passu in all respects, and carry the same rights as the existing Ordinary Shares. Following Admission the total number of ordinary shares in issue will be 2,091,237,450.

Caspian Sunrise PLC

Clive Carver

   Executive Chairman                                                                +7 727 375 0202

WH Ireland, Nominated Adviser & Broker

James Joyce +44 (0) 207 220 1666

James Sinclair-Ford

This announcement has been posted to:

www.caspiansunrise.com/investors

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

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(END) Dow Jones Newswires

May 13, 2021 02:00 ET (06:00 GMT)

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