Last checked at 15 Mar 2012 13:08
15 March 2012
BAYFIELD ENERGY HOLDINGS PLC
Exercise of Options, Issue of Equity and Total Voting Rights
Bayfield Energy Holdings PLC, an independent oil and gas exploration and production group with key assets in Trinidad and Tobago, announces that it has issued and allotted 500,000 new ordinary shares of US$0.10 each in the Company ("Ordinary Shares") pursuant to the exercise of options. Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 21 March 2012.
The new ordinary shares will rank pari passu with the existing shares of the Company. Following the exercise of options, the number of Ordinary shares in issue, and the total number of voting rights, has increased to 215,479,442. This is the figure which may be used by shareholders in the Company as the denominator for the calculations 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 under the FSA's Disclosure and Transparency Rules.
For further information contact:
Bayfield Energy Holdings plc +44 (0)20 7920 2330
Finian O'Sullivan, Chairman
Hywel John, Chief Executive
Seymour Pierce +44 (0) 20 7107 8000
Jonathan Wright/Stewart Dickson (Corporate Finance)
Richard Redmayne/Jeremy Stephenson (Corporate Broking)
M:Communications
Patrick d'Ancona +44 (0) 20 7920 2347
Ann-marie Wilkinson +44 (0) 20 7920 2343
Andrew Benbow +44 (0)20 7920 2344