Director's Holdings and Total Voting Rights

RNS Number : 0901H

Infrastrata PLC

14 June 2013

 

14 June 2013                                                                           For immediate release

InfraStrata plc

("InfraStrata" or the "Company")

Director's Holdings in Company and Total Voting Rights

InfraStrata plc (AIM: INFA), the independent petroleum exploration and gas storage company, announces that CEO Andrew Hindle has taken a salary sacrifice of £50,000 for the current year and in return he has been issued 500,000 Ordinary Shares at 10p per share. Andrew Hindle at the same time sold 250,000 Ordinary Shares at the same price in order to meet his PAYE liability which became payable on the issue of the Ordinary Shares. Following these transactions, Andrew Hindle holds 7,422,625 Ordinary Shares, representing 8.11 per cent. of the Company's enlarged share capital.   

The Ordinary Shares rank pari passu in all respects with the Company's existing issued Ordinary Shares.

Application will today be made for the admission of the new Ordinary Shares to trading on AIM ("Admission"). Admission is expected to occur on Thursday 20 June 2013.

Following the issue of these shares the Company has 91,491,599 Ordinary Shares in issue. This figure may be used by 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 InfraStrata, under the Disclosure and Transparency Rules.

For further information please contact:

InfraStrata plc

Andrew Hindle, Chief Executive Officer                                                    020 8332 1200

Craig Gouws, Chief Financial Officer

Nominated Advisor and Broker - Arden Partners plc

Richard Day/ Katelin Kennish                                                                   020 7614 5917

Financial PR - Buchanan  

Richard Darby/ Gabriella Clinkard/ Tom Hufton                                       020 7466 5000

Notes to Editors:

Background on InfraStrata plc

InfraStrata is an independent petroleum exploration and gas storage company. The Company is focused on two areas in the UK, in Dorset, England and Antrim, Northern Ireland.

Further information is available on the Company's website www.infrastrata.co.uk.

 

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