EQTEC PLC Issue of Shares (1528M)
26 April 2018 - 4:00PM
UK Regulatory
TIDMEQT
RNS Number : 1528M
EQTEC PLC
26 April 2018
26 April 2018
EQTEC plc
("EQTEC" or the "Company")
Issue of Shares
EQTEC plc (AIM: EQT), the technology solution company for waste
gasification to energy projects, has agreed with EBIOSS Energy SE
("EBIOSS"), its major shareholder, to convert a receivable owned by
EBIOSS in the amount of GBP147,900 into 36,975,000 ordinary shares
in the Company at a conversion price of 0.4p.
Upon issue, EBIOSS will hold 713,381,371 ordinary shares,
comprising 50.22% of the enlarged issued share capital of the
Company.
Application will be made for the admission to AIM of these new
ordinary shares, together with the 37,500,000 ordinary shares being
issued pursuant to the loan note conversion announced on 19 April
2018 and trading is expected to start on 1 May 2018.
Enquiries
+353 (0)21 2409
EQTEC plc 056
Luis Sanchez - Chief Executive
Officer
Gerry Madden - Finance Director
Northland Capital Partners Limited +44 (0)20 3861
- Nomad and Joint Broker 6625
Tom Price / Dugald J. Carlean
+44 (0)20 3700
SVS Securities Plc - Joint Broker 0093
Tom Curran / Ben Tadd
VSA Capital Limited - Financial +44 (0)20 3005
Adviser and Joint Broker 5000
Andrew Monk / Andrew Raca
+44 (0)20 7618
Luther Pendragon - Financial PR 9100
Harry Chathli / Alexis Gore /
Ana Ribeiro
This announcement contains inside information as defined in
Article 7 of the EU Market Abuse Regulation No 596/2014 and has
been announced in accordance with the Company's obligations under
Article 17 of that Regulation.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOELLFSDSDIEFIT
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April 26, 2018 02:00 ET (06:00 GMT)
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