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Additional Listing and Acquisition

16 Sep 2020 07:35

RNS Number : 1506Z
Igas Energy PLC
16 September 2020
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

16 September 2020

IGas Energy plc (AIM: IGAS) ("IGas" or "the Company")

 

Additional Listing and Acquisition

 

Application has been made for the admission of an additional 377,586 new Ordinary Shares of 0.002 pence each in the capital of the Company to trading on the AIM market of the London Stock Exchange. These shares are being listed in connection with the completion of the Share Purchase Agreement relating to the acquisition of GT Energy UK Limited by the Company which took place earlier today.

The new Ordinary Shares will rank pari passu in all respects with the Company's existing Ordinary Shares. Dealings are likely to commence on 21 September 2020.

Following this allotment and in accordance with Disclosure and Transparency Rules, the Company's issued ordinary share capital comprises 123,445,089 Ordinary Shares of 0.002 pence each with voting rights.

The above figure 123,445,089 may be used by shareholders as a 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, IGas Energy under the FCA's Disclosure and Transparency Rules. 

 

For further information please contact:

IGas Energy plc Tel: +44 (0)20 7993 9899

Stephen Bowler, Chief Executive Officer

Ann-marie Wilkinson, Director of Corporate Affairs

 

Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970

Sara Hale/Jeremy Ellis/Tejas Padalkar

 

BMO Capital Markets (Joint Corporate Broker) Tel: +44 (0)20 7653 4000

Tom Rider/Neil Elliot

 

Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor/James Asensio

 

Vigo Communications Tel: +44 (0)20 7390 0230

Patrick d'Ancona/Chris McMahon 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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