Bahamas Petroleum Company PLC Issue of Equity and Total Voting Rights (2213V)
July 20 2018 - 2:00AM
UK Regulatory
TIDMBPC
RNS Number : 2213V
Bahamas Petroleum Company PLC
20 July 2018
20 July 2018
Bahamas Petroleum Company plc
("BPC" or the "Company")
Issue of Equity
Total Voting Rights
Bahamas Petroleum Company plc, the oil and gas exploration
company with significant prospective resources in licences in The
Commonwealth of The Bahamas announces that following the exercise
of warrants for new ordinary shares of 0.002 pence each ("Ordinary
Shares") granted in conjunction with the Company's placing to raise
GBP1.1 million in May 2018, application has been made for 2,640,000
new ordinary shares (the "New Ordinary Shares") to be admitted to
trading on AIM on or around 25 July 2018. The New Ordinary Shares
will, when issued, rank pari passu in all respects with the
existing ordinary shares.
Upon issue of the New Ordinary Shares, the Company's issued
share capital will consist of 1,572,719,096 ordinary shares of
0.002 pence each ("Ordinary Shares"), with each Ordinary Share
carrying the right to one vote. The Company does not hold any
Ordinary Shares in treasury. The figure of 1,572,719,096 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 ("DTRs").
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
Ends
For further information, please contact:
Bahamas Petroleum Company plc Tel: +44 (0) 1624
Simon Potter, Chief Executive Officer 647 883
Strand Hanson Limited - Nomad Tel: +44 (0) 20
Rory Murphy / James Spinney 7409 3494
Shore Capital Stockbrokers Limited Tel: +44 (0) 207
Jerry Keen / Toby Gibbs / James Thomas 408 4090
CAMARCO Tel: +44 (0) 20
Billy Clegg / Gordon Poole / James Crothers 3757 4983
Notes to editors:
Bahamas Petroleum Company is an oil and gas exploration company
with 100% owned offshore licences exclusively focused on The
Commonwealth of The Bahamas. The Company has significant
prospective resources, which have been de-risked through both
extensive 2D and 3D seismic. The Company is intent on delivering
safe and environmentally responsible exploration.
www.bpcplc.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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