Sirius Petroleum PLC Issue of Equity (0435P)
February 05 2019 - 2:00AM
UK Regulatory
TIDMSRSP
RNS Number : 0435P
Sirius Petroleum PLC
05 February 2019
Sirius Petroleum Plc
(the "Company" or "Sirius ")
Issue of Equity
Sirius Petroleum (AIM: SRSP), the Nigeria-focused oil and gas
development and production company, announces the issue of
28,571,428 new ordinary shares representing 0.78 per cent. of the
Company's enlarged issued share capital.
Following the conversion of GBP140,000 of the European High
Growth Opportunities Securitization Fund Convertible Note
(announced on 15 January 2019) the Company is issuing 28,571,428
new ordinary shares at a price of 0.49 pence per share.
Application has been made for the Conversion Shares to be
admitted to trading on AIM, which is expected to occur on, or
around, 8 February 2019. Following the issue of the Conversion
Shares, the Company will have 3,676,479,139 ordinary shares of 0.25
pence each in issue. No ordinary shares are held in treasury. The
figure of 3,676,479,139 ordinary shares may be used by the
Company's shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under
the Financial Conduct Authority's Disclosure and Transparency
Rules.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the
publication of this announcement via Regulatory Information Service
("RIS"), this inside information is now considered to be in the
public domain.
Ends
Enquiries:
Sirius Petroleum plc T: 020 3740 7460
Bobo Kuti, CEO
Mark Henderson, CFO
Cantor Fitzgerald Europe Limited (Nomad T: 020 7894 7000
and Broker)
David Porter/Nick Tulloch
Gable Communications Limited +44 20 7193 7463
John Bick srsp@gablecommunications.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
IOEBZLLBKLFFBBK
(END) Dow Jones Newswires
February 05, 2019 02:00 ET (07:00 GMT)
Sirius Petroleum (LSE:SRSP)
Historical Stock Chart
From Jan 2025 to Feb 2025
Sirius Petroleum (LSE:SRSP)
Historical Stock Chart
From Feb 2024 to Feb 2025