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Issue of Equity

20 Jan 2011 15:06

RNS Number : 8373Z
Equatorial Palm Oil plc
20 January 2011
 

20 January 2011

 

Equatorial Palm Oil plc ('EPO' or 'the Company')

Exercise of Warrants

 

The Company on 20 January 2011 issued 203,500 new Ordinary Shares of 1p each in the Company ("Ordinary Shares") pursuant to the exercise of warrants issued by the Company to placees on Admission. Application has been made for the new Ordinary Shares to be admitted to AIM and dealings are expected to commence on 26 January 2011.

 

The enlarged issued share capital of the Company following the issue of the 203,500 new Ordinary Shares will be 121,017,045 ordinary shares.

 

The Company has also applied to the AIM market of the London Stock Exchange for the block listing of 24,000,000 Ordinary Shares of 1p each fully paid, ranking pari passu with the Company's existing Ordinary shares.

These shares will be issued pursuant to the exercise of warrants issued by the Company to placees on Admission.

For further information please visit www.epoil.co.uk, or contact:

 

 

* ENDS * *

 

 For further information please visit www.epoil.co.uk, or contact:

 

Equatorial Palm Oil plc

Company

Michael Frayne, Chairman

 

 

+44 (0) 20 7766 7555

Shore Capital & Corporate Ltd.

NOMAD and Joint Broker

Pascal Keane

Edward Mansfield

 

 

+44 (0) 20 7408 4090

 

Mirabaud Securities LLP

Broker

Peter Krens

 

 

+44 (0) 20 7484 3510

Pelham Bell Pottinger

Financial / Corporate PR

Charles Vivian

 

 

+44 (0) 20 7861 3126

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOELLFIELEIIFIL
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