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Equity Raising July 2019 Clarification

1st Aug 2019 09:39

RNS Number : 5446H
Oilex Ltd
01 August 2019
 

 

ASX Announcement

 

 

 

 

1 August 2019

 

ASX: OEX

AIM: OEX

 

Equity Capital Raising - Clarification

Oilex Ltd (Oilex or the Company) advises of a correction to yesterday's announcement titled "Equity Capital Raising of £0.34 Million".

The release stated in the first paragraph on page one that "…new shares at 0.13 pence (A$0.2330 cents) per share (Placing).". The release should have said "…at 0.13 pence (AUD 0.2330 cents) per share (Placing)."

 

The Company notes that completion of the Placing is anticipated on before 13 August 2019 and is conditional, inter alia, upon admission of the shares the subject of the Placing to trading on AIM.

 

For and on behalf of Oilex Ltd

 

Mark Bolton

Chief Financial Officer and Company Secretary

 

 

 

 

For further information, please contact:

Investor Enquires

Oilex Ltd

Joe Salomon

Managing Director

Email: [email protected]

Tel: +61 8 9485 3200

Australia

AIM Broker

Novum Securities

Broker

Colin Rowbury

Email: [email protected]

Tel: +44 20 7399 9427

UK

AIM Nominated Adviser

Strand Hanson Limited

Nominated Adviser

Rory Murphy/Ritchie Balmer

Email: [email protected]

Tel: +44 20 7409 3494

UK

Media Enquires (UK)

Vigo Communications

Public Relations

Patrick d'Ancona/Chris McMahon

Email: [email protected]

[email protected]

Tel:+ 44 20 7390 0230

UK

Media Enquiries (Aus)

Citadel-MAGNUS

Michael Weir

Email: [email protected]

Tel: +618 6160 4900

Australia

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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