19 Oct 2016 15:15
19 October 2016
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
Issue of equity
Edenville Enegy plc, the Company developing an integrated coal to power project in western Tanzania, announces that the Company has issued a professional group providing Edenville with consulting services 6,247,330 new ordinary shares of 0.02p each ("New Ordinary Shares") in lieu of consultancy fees at an average price of 0.45p per share.
Application will be made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 25 October 2016. Following Admission, the total number of voting rights in the Company will be 752,600,335 ordinary shares. This number 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 FCA's Disclosure and Transparency Rules.
For further information please contact:
|
|
Edenville Energy Plc Jeff Malaihollo - Chairman Rufus Short - CEO | +44 (0) 20 7652 9788 |
Northland Capital Partners Limited (Nominated Adviser) Gerry Beaney David Hignell
|
+44 (0) 20 3861 6625 |
Optiva Securities Limited (Broker) Jeremy King Graeme Dickson
|
+44 (0) 20 3137 1902 |
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Heather Armstrong | +44 (0) 20 3053 8671 |