Exercise of Warrants

RNS Number : 5881J
Barryroe Offshore Energy PLC
13 December 2022
 

Barryroe Offshore Energy P.l.c.

 

Exercise of Warrants

 

Dublin and London - 13 December 2022 - Barryroe Offshore Energy P.l.c. ("Barryroe" or the "Company"), announces that 862,020 warrants of 1.5p each have been exercised raising £12,930.30 for the Company. The warrants were issued as part of the fundraising in June 2022. Barryroe Offshore Energy Plc has issued a total of 862,020 new Ordinary Shares (the "New Ordinary Shares") to the warrant holders.

 

Application will be made to the London Stock Exchange and Euronext Dublin for the New Ordinary Shares to be admitted to trading on AIM and Euronext Growth. It is expected that admission to trading on each exchange ("Admission") will become effective and that dealings in the New Ordinary Shares will commence on AIM and Euronext Growth at 8.00 a.m. on 16 December 2022.

 

The New Ordinary Shares will be issued and credited as fully paid and will rank in full for all dividends and other distributions declared, made or paid after the admission of those Ordinary Shares and will otherwise rank on Admission pari passu in all respects with each other and with the existing Ordinary Shares in the Company. The total issued share capital of the Company, as increased by the New Ordinary Shares, will be 1,072,725,432 Ordinary Shares.

 

There remains 96,774,989 £0.015 warrants from the June 2022 fundraising outstanding which will expire on the 26th July 2023.

 

 

INVESTOR ENQUIRIES:

Barryroe Offshore Energy P.l.c.                                Tel: +353 1 219 4074

Alan Curran

Chief Executive

 

Investor Relations   Tel: + 353 1 219 4074

Job Langbroek

 

J & E Davy                                                                    Tel: +353 1 679 6363

Anthony Farrell

 

MEDIA ENQUIRIES

AM O'Sullivan PR  Tel: +353 87 9881890 / tina@amosullivanpr.ie

Tina Quinn

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCGZMMZVFVGZZM
UK 100

Latest directors dealings