29 Mar 2017 07:00
29 March 2017
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
Warrant Exercise
Edenville Energy plc (AIM: EDL) announces that the Company has issued a total of 2,777,778 ordinary shares of 0.02p each in the Company ("Ordinary Shares") following receipt of a notice to exercise warrants ("New Ordinary Shares").
The Company has received notice from Puma Nominees Limited to exercise 2,777,778 warrants at an exercise price of 0.60p each into 2,777,778 New Ordinary Shares. The total consideration received by the Company pursuant to the warrant exercise will be £16,666.67.
Application will be made for the 2,777,778 New Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on or around 3 April 2017.
Following Admission, the Company will have 1,087,064,365 Ordinary Shares, with voting rights, in issue. 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.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
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 |
