Last checked at 6 Jan 2017 11:44
For immediate release
6 January 2017
Xtract Resources Plc ("Xtract" or "the Company")
Issue of Equity
Total Voting Rights
Xtract announces that it has today issued 335,484,611 new ordinary shares of 0.01 pence ("New Ordinary Shares") at 0.018 pence per New Ordinary Share in settlement of outstanding invoices for services.
Application will be made for the New Ordinary Shares, which will rank pari passu with all existing ordinary shares to be admitted to trading on AIM ("Admission"). Admission is expected on or around 12 January 2017.
On Admission, the Company will have 19,956,546,489 Ordinary Shares in issue with voting rights. Xtract does not currently hold any shares in treasury. Accordingly, this figure of 19,956,546,489 Ordinary Shares 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 FCA's Disclosure Guidance and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014 on market abuse.
Enquiries:
Xtract Resources Plc | Colin Bird, Executive Chairman
| +44 (0) 203 416 6471
|
Beaumont Cornish | Michael Cornish Felicity Geidt | +44 (0) 207 628 3369 |
Email: corpfin@b-cornish.co.uk | ||
Beaufort Securities | Jon Belliss
| +44 (0) 207 382 8300 |