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Issue of Equity

17 Jan 2014 08:08

RNS Number : 9158X
Sirius Petroleum PLC
17 January 2014
 



 

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

 

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