11 Oct 2013 14:58
Northcote Energy Ltd / Index: AIM / Epic: NCT / ISIN: VGG6622A1057 / Sector: Oil & Gas
11 October 2013
Northcote Energy Ltd ('Northcote' or 'the Company')
Shares to be admitted to trading on AIM
Total voting rights
Northcote (AIM: NCT), an onshore US oil and gas exploration and production company, is pleased to announce that, further to the announcements of 25 March 2013, 3 May 2013 and 28 August 2013, it has applied for the total of 64,705,888 new ordinary shares to be admitted to trading on AIM.
It is expected that the total of 64,705,888 new ordinary shares, which will rank, pari passu, with all existing ordinary shares in the Company, will be admitted to trading on 16 October 2013.
In addition, the Company will apply for the 22,857,143 new ordinary shares to be issued at 1.75p per share to Osage Energy Holdings, LLC as announced on 25 March 2013 to be admitted to trading in due course on AIM at which point the company will make a further announcement.
Total voting rights
Following the issue of the new ordinary shares as described above, the issued share capital of the Company will consist of 1,215,209,514 Ordinary Shares. No shares were held in treasury at the date of this announcement. The total current voting rights in the Company is therefore 1,215,209,514.
The above figure (1,215,209,514 Ordinary Shares) is the figure which may be used by shareholders at the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.
**ENDS**
For further information visit www.northcoteenergy.com or contact the following:
Randy Connally | Northcote Energy Ltd | +01 214 675 7579 |
Ross Warner | Northcote Energy Ltd | +44 7760 487 769 |
Dan Jorgensen | Northcote Energy Ltd | +44 20 7024 8391 |
Roland Cornish | Beaumont Cornish Ltd | +44 (0) 20 7628 3396 |
Jerry Keen | Shore Capital Stockbrokers Limited | +44 (0) 20 7408 4090 |
Bidhi Bhoma | Shore Capital Stockbrokers Limited | +44 (0) 20 7408 4090 |
Stefan Olivier | Cornhill Stockbrokers Limited | +44 (0) 7595 779 520 |
Hugo de Salis | St Brides Media and Finance Ltd | +44 (0) 20 7236 1177 |
Elisabeth Cowell | St Brides Media and Finance Ltd | +44 (0) 20 7236 1177 |
Notes:
Northcote Energy Ltd is a revenue generative US onshore oil and gas production company focussed on the rapidly emerging Mississippi Lime formation in Oklahoma. The Company participates with leading operators, including Midstates Petroleum and Chesapeake Energy, in low risk development plays where advanced techniques, such as horizontal drilling and fracing, are used to unlock known oil accumulations and dramatically improve recovery rates. Management is focused on increasing production through a multi-well drilling and fracking campaign in 2013.