5 Jul 2013 13:30
Zoltav Resources Inc.
("Zoltav" or the "Company")
Admission of shares arising from fractional entitlements
Further to the announcements of 10 June and 4 July 2013, Zoltav (AIM: ZOL), the CIS-focused oil and gas exploration and development company, announces that 51 new ordinary shares of USD0.2 were created from the fractional entitlements arising from the Company's 20 for 1 Share Consolidation on 4 July 2013 ("Fractional Shares"). Application has been made for the 51 Fractional Shares to admit to trading on AIM on 11 July 2013, following which they will be sold for the benefit of the Company.
Following the issue of the 51 Fractional Shares, there will be 55,341,353 Ordinary Shares in issue. This number 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.
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For further information on Zoltav visit: www.zoltav.com
Contacts:
Zoltav Resources Inc. | Tel. +44 (0)20 7920 2340 |
Symon Drake-Brockman, Executive Chairman | (via M:Communications) |
Shore Capital (Nomad and Broker) | Tel. +44 (0)20 7408 4090 |
Pascal Keane or Toby Gibbs (Corporate Finance) | |
or Jerry Keen (Corporate Broking) | |
M:Communications | Tel. +44 (0)20 7920 2340 |
Patrick d'Ancona or Ben Simons | |
Capitalised terms used but not defined in this announcement have the same meaning as given to them in the Admission Document.