Enteq Upstream PLC Exercise of Share Options (8688H)
March 15 2018 - 8:12AM
UK Regulatory
TIDMNTQ
RNS Number : 8688H
Enteq Upstream PLC
15 March 2018
Enteq Upstream plc
("Enteq" or the "Company")
Exercise of share options
Enteq, the oil and gas drilling technology Company, announces
that on 15 March 2018 it issued and allotted 120,000 new ordinary
shares of 1p each ("Ordinary Shares") to an employee of the Company
in response to an exercise of share options. The issue price was
13.75p, being the share price when the options were issued.
Application has been made for the 120,000 new Ordinary Shares to
be admitted to trading on AIM which is expected to occur on 21
March 2018. Following the above issue of new Ordinary Shares, the
number of Ordinary Shares (each carrying one vote) in issue is
62,137,656. There are no shares held in treasury. The figure of
62,137,656 may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interests in, or a change to their interests in, the
share capital of Enteq under the Disclosure and Transparency
Rules.
For further information, please contact:
Enteq Upstream plc +44 (0)1494 618739
Martin Perry, Chief Executive
Officer
David Steel, Finance Director
Investec Bank plc (NOMAD +44 (0)207 597
and Broker) 4000
Chris Treneman, Patrick
Robb, David Anderson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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