Highlands Natural Resources PLC Issue of Shares (5616G)
March 02 2018 - 7:45AM
UK Regulatory
TIDMHNR
RNS Number : 5616G
Highlands Natural Resources PLC
02 March 2018
2 March 2018
Highlands Natural Resources plc ('Highlands' or 'the
Company')
Issue of shares
Highlands, the London listed oil and gas company, announces
that, pursuant to the exercise of warrants, an application has been
made for an additional 100,000 ordinary shares in the Company to be
admitted to trading on the Official List of the UK Listing
Authority by way of a Standard Listing and to trading on the London
Stock Exchange's Main Market for listed securities ("Admission").
Admission is expected to take place on 8 March 2018.
Following Admission, the New Ordinary Shares will rank pari
passu in all respects with the existing ordinary shares of 5 pence
each in issue including the right to receive all dividends and
other distributions declared and the total number of ordinary
shares in Highlands with voting rights will be 116,227,700. This
figure may be used by Highlands shareholders as the denominator for
calculations to determine if they have a notifiable interest in
Highlands under the Disclosure and Transparency Rules, or if such
interest has changed.
**ENDS**
For further information:
Highlands Natural Resources
plc
Robert Price +1 (0) 918 361 7000
Cantor Fitzgerald Europe
+44 (0) 20 7894
David Porter 7000
Redleaf Communications
Elisabeth Cowell +44 (0) 20 3757
Fiona Norman 6880
Notes to Editors
Highlands (LSE: HNR.L) is a London-listed natural resources
company with a portfolio of high-potential oil, gas and helium
assets and technologies. The Company's core projects include:
-- East Denver Niobrara: a horizontal oil and gas project
targeting the Niobrara shale formation in a well-studied area of
the Denver Julesburg Basin. The Company is currently producing oil
and gas from its first two wells in the project, completed in late
2017, and is planning to drill up to 22 additional wells.
-- DT Ultravert: a re-fracking and parent well protection
technology with four patents allowed and additional patents pending
in the United States and internationally. Highlands is advancing
commercial conversations with a range of oil and gas operators and
service providers to commercialize DT Ultravert technology.
-- Helios Two: a 220,000+ acre helium and natural gas prospect
in SE Montana with drilling and assessment operations ongoing.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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