17 Jan 2014 08:08
Sirius Petroleum Plc.
("Sirius" or the "Company")
Issue of Equity
Sirius confirms that it has issued 29,234,469 new ordinary shares at an average price of 3.5 pence per share, to a total value of £ 1,031,500, in settlement of consultancy fees and capitalisation of loans.
Application for the admission of the new Ordinary Shares to trading on AIM has been made and is expected to occur on 22 January 2014. The Shares will represent 2.97 per cent. of the Enlarged Share Capital and will rank equally in all respects with the existing Ordinary Shares. Following this issue the total number of shares in issue will be 985,734,454. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the company.
Enquiries:
Sirius Petroleum plc Bobo Kuti / Jamie Bligh, IR
| +44 (0) 20 3740 7460 www.siriuspetroleum.com |
Cairn Financial Advisers LLP Tony Rawlinson / Paul Trendell
| +44 (0) 20 7148 7900
|
Strand Hanson Limited James Harris / James Spinney
| +44 (0) 20 7409 3494
|
Gable Communications Limited John Bick | +44 (0) 20 7193 7463 Email: srsp@gablecommunications.com |