Placement – Issue of Securities and TVR

Synergia Energy Ltd

08 August 2023

 

RNS Announcement

8 August 2023

AIM: SYN

Placement - Issue of Securities and TVR

Further to Synergia Energy Ltd's (Synergia or the Company) announcement on 25 July 2023, advising of an equity capital raising of £775,000 before expenses, to fund the completion of the Cambay 77H well workover, the Company is pleased to announce it has issued 704,545,454 new fully paid ordinary shares (Placement Shares) at GBP 0.11 pence per share (Placement). The Placement has therefore now completed.

AIM Admission and Total Voting Rights

Application has been made to the London Stock Exchange plc for the admission of 704,545,454 Shares to trade on AIM (Admission), which is expected to take effect on or around Monday 14 August 2023. Following Admission, the Company will have 9,122,336,158 shares on issue. The Company does not currently hold any shares in treasury.  Accordingly, the total number of voting rights will be 9,122,336,158.

For and on behalf of Synergia Energy Limited

Roland Wessel

CEO

For further information, please contact:

Investor Enquires Synergia Energy Ltd Briana Stayt Investor Relations Email:  [e-mail] Tel: [phone] Australia

AIM Joint Broker Panmure Gordon (UK) Ltd Broker John Prior / Hugh Rich / Freddie Wooding Tel: [phone] UK

AIM Joint Broker Novum Securities Broker Colin Rowbury Email:  [e-mail] Tel: [phone] UK

AIM Nominated Adviser Strand Hanson Limited Nominated Adviser Ritchie Balmer / Rory Murphy Tel: [phone] UK

Media Enquires (UK) Vigo Consulting Investor Relations Patrick d'Ancona / Finlay Thomson Email: [e-mail] [e-mail] Tel:+ 44 20 7390 0230 UK

 

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