San Leon Energy PLC Exercise and conversion of Realm Warrants (8862O)

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RNS Number : 8862O

San Leon Energy PLC

17 October 2012

San Leon Energy Plc

Exercise and conversion of Realm Warrants

San Leon Energy Plc ("San Leon" or the "Company") announces that application has been made for the admission to AIM of 2,475,000 new ordinary shares of EUR0.05 each in the Company ("Shares"), pursuant to an exercise of warrants in Realm Energy International Corporation ("Realm"), acquired by San Leon in 2011, and conversion of the resultant Realm shares into San Leon Shares. The new Shares will rank pari passu in all respects will the Company's existing Shares, and dealings are expected to commence on 23 October 2012 ("Admission").

Following Admission, the Company's enlarged issued share capital will comprise 1,143,699,173 Ordinary Shares, with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 1,143,699,173, which figure 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 FSA's Disclosure and Transparency Rules.

In addition, San Leon maintains a blocklisting in respect of a further 10,767,376 Ordinary Shares to satisfy future requests by holders of exchangeable shares (resultant from San Leon's recent acquisition of Realm Energy International Corporation) to exchange such shares for new San Leon Shares.

For further information contact:

 
 San Leon Energy plc                   +353 1291 6292 
 Oisin Fanning, Executive Chairman 
 
 Westhouse Securities Limited          +44 (0) 20 7601 6100 
 Richard Johnson 
  Antonio Bossi 
 
 Macquarie Capital (Europe) Limited    +44 (0) 20 3037 2000 
 John Dwyer 
 
 Fox Davies Capital                    +44 (0) 20 3463 5000 
 Daniel Fox-Davies 
  Richard Hail 
 
 FirstEnergy Capital LLP               +44 (0) 20 7448 0200 
 Hugh R. Sanderson 
  David Van Erp 
 
 College Hill Associates               +44 (0) 20 7457 2020 
 Nick Elwes 
  Alexandra Roper

This information is provided by RNS

The company news service from the London Stock Exchange

END

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