Holdings in Company

RNS Number : 2316U
Igas Energy PLC
19 December 2011
 



 

IGas Energy Plc

("IGas Energy" or the "Company")

 

Holdings in Company

19 December 2011

 

On 16 December 2011, the Company received notification that, as at 15 December 2011 Macquarie Bank Limited ("Macquarie") held directly and indirectly a beneficial interest in 24,286,646 ordinary shares in the Company ("Ordinary Shares")("Beneficial Interest"), consisting of 3,000,000 Ordinary Shares and a warrant entitling it to acquire a further 21,286,646 Ordinary Shares at an exercise price of 55.8p per share.

 

If all the warrants were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of Macquarie would represent 13.02% of the issued share capital as enlarged by the warrant exercise. The Beneficial Interest represents 14.97% of the current issued share capital.

 

ENQUIRIES

 

For further information please contact:

 

IGas Energy plc

Andrew Austin, CEO

Stephen Bowler, CFO

 

 Tel: +44 (0)20 7993 9901

RBS Hoare Govett

Sara Hale

Jamie Buckland

 Tel: +44 (0)20 7678 8000

Kreab Gavin Anderson
Ken Cronin/ Kate Hill/ Anthony Hughes

 Tel: +44 (0)20 7074 1800

 


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