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Issue of Equity

18 Oct 2010 15:36

RNS Number : 5785U
Tower Resources PLC
18 October 2010
 



18th October 2010

 

 

 

 

Tower Resources plc ("Tower" or "the Company") (AIM:TRP)

 

Issue of Equity

 

Tower Resources plc, the oil and gas exploration company with interests in sub-Saharan Africa, principally in Namibia and Uganda, announces that it has allotted and issued 3,000,000 new ordinary shares of 0.1p each to Corporate Synergy Holdings Limited ("CSHL") following the exercise of options held by CSHL at 1.5p per share. These options were issued in 2005 and were due to expire this calendar year.

 

The Company has applied for these shares to be admitted to trading on AIM and which is expected to take place on 22 October 2010.

 

 

Contacts:

 

Tower Resources plc

Peter Kingston

0780 2804852

 

Astaire Securities (NOMAD and Joint Broker)

Gavin Burnell / Shane Gallwey (NOMAD)

Charles Vaughan (Broking)

 

020 7492 4750

Westhouse Securities (Joint Broker)

Tim Feather

020 7601 6100

Walbrook PR

020 7933 8780

Ben Knowles

Mob 07900 346 978

Ben.knowles@walbrookpr.com

 

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