3 Jan 2014 14:34
NIGHTHAWK ENERGY PLC
("Nighthawk" or "the Company")
Conversion of Loan Notes and Total Voting Rights
Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces that it has received a conversion notice from a holder of £100,000 nominal of its unlisted 9% coupon convertible unsecured loan notes 2015 ("Loan Notes").
As a result of the conversion the Company will issue 1,818,182 new ordinary shares of 0.25 pence each (the "New Shares") to the converting Loan Note holder. Application has been made for the New Shares to be admitted to trading on AIM and it is expected that this will take place on or around 9 January 2014.
Following the issue of the New Shares, Nighthawk will have 949,503,602 Ordinary Shares in issue, which will also represent the total number of voting rights in the Company. This figure should 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.
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Enquiries:
Nighthawk Energy plc Stephen Gutteridge, Chairman Richard Swindells, Chief Financial Officer
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020 3582 1350
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Westhouse Securities Limited Richard Baty Henry Willcocks | 020 7601 6100 richard.baty@westhousesecurities.com henry.willcocks@westhousesecurities.com | |
FTI Consulting Ben Brewerton Ed Westropp | 020 7831 3113 ben.brewerton@fticonsulting.com edward.westropp@fticonsulting.com | |