Information  X 
Enter a valid email address

TXO PLC (TXO)

  Print      Mail a friend       Annual reports

Thursday 05 April, 2012

TXO PLC

Issue of Equity

RNS Number : 9730A
TXO PLC
05 April 2012
 



FOR IMMEDIATE RELEASE                                                                               5 April 2012

 

TXO PLC

("TXO" or the "Company")

 

EXERCISE OF WARRANTS

 

The Board of TXO has issued and allotted 17,000,000 new Ordinary Shares of 0.1p each at a price of 0.5p per Ordinary Share following receipt of a form of notice of exercise of warrants. The funds received by the Company on exercise of the warrants totalled £85,000.

 

The new Ordinary Shares will rank, pari passu, with the existing ordinary shares. Application has been made for these new Ordinary Shares to be admitted to trading on AIM and admission is expected to take place on or around 13 April 2012.

 

This brings the total number of Ordinary Shares in the Company with voting rights to 495,002,580.

 

For further information, please contact:

 

TXO PLC

Tim Baldwin, Chairman +44 (0) 771 287 2820

 

Beaumont Cornish Limited

Roland Cornish and James Biddle +44 (0) 20 7628 3396


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOEBKPDQABKDAQK