Warrant Exercise

RNS Number : 8166A

Edenville Energy PLC

29 March 2017

 

29 March 2017

EDENVILLE ENERGY PLC

("Edenville" or the "Company")

Warrant Exercise

Edenville Energy plc (AIM: EDL) announces that the Company has issued a total of 2,777,778 ordinary shares of 0.02p each in the Company ("Ordinary Shares") following receipt of a notice to exercise warrants ("New Ordinary Shares").

The Company has received notice from Puma Nominees Limited to exercise 2,777,778 warrants at an exercise price of 0.60p each into 2,777,778 New Ordinary Shares.  The total consideration received by the Company pursuant to the warrant exercise will be £16,666.67.

Application will be made for the 2,777,778 New Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM ("Admission").  Admission is expected to occur at 8.00 a.m. on or around 3 April 2017.

Following Admission, the Company will have 1,087,064,365 Ordinary Shares, with voting rights, in issue. This number 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, the Company under the FCA's Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please contact:

Edenville Energy Plc Jeff Malaihollo - Chairman Rufus Short - CEO	[phone]
Northland Capital Partners Limited (Nominated Adviser) Gerry Beaney David Hignell	[phone]
Optiva Securities Limited (Broker) Jeremy King Graeme Dickson	[phone]
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Heather Armstrong	[phone]

 

END

 

 

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