Issue of Shares and Total Voting Rights

RNS Number : 8503N

Tlou Energy Ltd

25 January 2023

 

25 January 2023

Tlou Energy Limited

("Tlou" or "the Company")

Issue of Shares and Total Voting Rights

Pursuant to the placement announced on 15 December 2022, and following shareholder approval at the Company's general meeting on 18 January 2023, Tlou Energy Limited (AIM:TLOU) advises that 87,653,278 new ordinary shares ("New Shares") will be admitted to trading on AIM on or around 26 January 2023.

Directors have subscribed for New Shares as follows:

Director	Number of shares subscribed	Resultant holding	Percentage of the enlarged issued share capital.
Martin McIver	285,714	1,097,816	0.13%
Anthony Gilby	6,510,420	41,000,000	4.94%
Colm Cloonan	1,428,572	3,359,684	0.40%
Hugh Swire	1,000,000	11,065,921	1.33%

Total voting rights

Following the issue of the New Shares, the Company's enlarged share capital will comprise 830,715,710 ordinary shares of no par value. 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, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

****

For further information regarding this announcement please contact:

Tlou Energy Limited	[phone]
Tony Gilby, Managing Director
Solomon Rowland, General Manager
Grant Thornton (Nominated Adviser)	[phone]
Harrison Clarke, Colin Aaronson, Ciara Donnelly
Zeus Capital (UK Broker)	[phone]
Simon Johnson
Public Relations
Ashley Seller	[phone]

About Tlou

Tlou is developing energy solutions in Sub-Saharan Africa through gas-fired power and ancillary projects. The Company is listed on the ASX (Australia), AIM (UK) and the BSE (Botswana). The Lesedi Gas-to-Power Project ("Lesedi") is 100% owned and is the Company's most advanced project.  Tlou's competitive advantages include the ability to drill cost effectively for gas, operational experience and Lesedi's strategic location in relation to energy customers. All major government approvals have been achieved.

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

1	Details of the person discharging managerial responsibility / person closely associated
a)	Name	Colm Cloonan
2	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tlou Energy Limited

b)

LEI

213800SHI2BVAY1A4L52

4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)	Description of the financial instrument, type of instrument	Ordinary shares of no par value each in the capital of the Company
	Identification code	Ordinary share ISIN:   AU000000TOU2
b)	Nature of transaction	Purchase of new ordinary shares pursuant to a placing
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Ordinary Shares issued for A$0.035	1,428,572
d)	Aggregated information
	Aggregated volume
	Price
e)	Date of transaction	25 January 2023
f)	Place of transaction	Outside a trading venue

1	Details of the person discharging managerial responsibility / person closely associated
a)	Name	Anthony Gilby
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tlou Energy Limited

b)

LEI

213800SHI2BVAY1A4L52

4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)	Description of the financial instrument, type of instrument	Ordinary shares of no par value each in the capital of the Company
	Identification code	Ordinary share ISIN:   AU000000TOU2
b)	Nature of transaction	Purchase of new ordinary shares pursuant to a placing
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Ordinary Shares issued for A$0.035	6,510,420
d)	Aggregated information
	Aggregated volume
	Price
e)	Date of transaction	25 January 2023
f)	Place of transaction	Outside a trading venue

1	Details of the person discharging managerial responsibility / person closely associated
a)	Name	Martin McIver
2	Reason for the notification
a)	Position/status	Chair
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tlou Energy Limited

b)

LEI

213800SHI2BVAY1A4L52

4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)	Description of the financial instrument, type of instrument	Ordinary shares of no par value each in the capital of the Company
	Identification code	Ordinary share ISIN:   AU000000TOU2
b)	Nature of transaction	Purchase of new ordinary shares pursuant to a placing
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Ordinary Shares issued for A$0.035	285,714
d)	Aggregated information
	Aggregated volume
	Price
e)	Date of transaction	25 January 2023
f)	Place of transaction	Outside a trading venue

1	Details of the person discharging managerial responsibility / person closely associated
a)	Name	Hugh Swire
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tlou Energy Limited

b)

LEI

213800SHI2BVAY1A4L52

4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)	Description of the financial instrument, type of instrument	Ordinary shares of no par value each in the capital of the Company
	Identification code	Ordinary share ISIN:   AU000000TOU2
b)	Nature of transaction	Purchase of new ordinary shares pursuant to a placing
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Ordinary Shares issued for A$0.035	1,000,000
d)	Aggregated information
	Aggregated volume
	Price
e)	Date of transaction	25 January 2023
f)	Place of transaction	Outside a trading venue

 

END

 

 

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