12 October 2016
Doriemus PLC
(“Doriemus” or the
“Company”)
Update regarding
Open Offer
Commitments to
subscribe for Open Offer now up to £455,000
Doriemus PLC (ISDX:DOR), the London traded UK focused oil and gas
exploration and production investment company, is pleased to
announce that the Company has now received further firm commitments
to subscribe up to another £205,000 for ordinary shares in the
Company (the “Subscription Shares”), at the Open Offer price of
£0.00035 per share, to the extent that such shares are not
subscribed for by Qualifying Shareholders in the Open Offer. The
total now stands at £455,000, following on from the Company’s
announcement on 10 October 2016, that
Optiva Securities Ltd, the Company’s broker, has committed to
subscribe up to £250,000. The Open Offer to raise up to £865,200
was announced on 6 September 2016 and
closes on 18 October 2016.
A copy of the Open Offer circular can be found at
www.doriemus.co.uk. Terms defined in the Open Offer circular have
the same meaning in this announcement.
David Lenigas, Doriemus’s Executive
Chairman, commented;
"Doriemus has now secured support for over half of the Open
Offer’s potential total £865,000 to be raised should Qualifying
Shareholders elect not to take up their entitlement to the
Offer.”
The directors of the Company accept responsibility for the
contents of this announcement.
-ENDS-
For further additional information, please contact:
Doriemus plc
David Lenigas / Donald Strang |
+44 (0) 20 7440
0640 |
Peterhouse Corporate
Finance Limited
Corporate Adviser
Guy Miller / Fungai Ndoro |
+44 (0) 20 7469 0930 |
Optiva Securities
Limited
Broker
Christian Dennis / Jeremy King |
+44 (0) 20 3137 1902 |
Square1
Consulting
Public Relations
David Bick |
+44 (0) 20 7929
5599 |