4th Sep 2017 07:00
4 September 2017
Phoenix Global Resources plc
("Phoenix" or the "Company")
Exercise of Warrants
The Board of Phoenix (AIM: PGR; BCBA: PGR) announces that it has received notice from a warrantholder to exercise warrants to subscribe for 15,714 ordinary shares of 10p each (the "Shares") at a price of 26 pence per share. The Shares will rank pari passu with the Company's existing issued ordinary shares.
The Company has received £4,085.64 and application will be made for admission of the Shares to trading on AIM and dealings in the Shares are expected to commence at 8.00am on 7 September 2017.
Total Voting Rights
Following Admission of the 15,714 Shares, the total number of Shares in issue will be 2,519,447,280. The Company does not hold any Shares in treasury. This figure may be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Ends
For further information, please contact:
Phoenix Global Resources | Anuj Sharma, CEO Philip Wolfe, CFO Billy Clegg, Head of Communications
| T: +54 11 5258 7500 T: +44 (0) 203 757 4983 T: +44 (0) 203 757 4983 |
Stockdale Securities | Antonio Bossi David Coaten | T: +44 20 7601 6100 |
Panmure Gordon |
Adam James Atholl Tweedie |
T: +44 207 886 2500 |
Camarco |
Gordon Poole James Crothers |
T: +44 20 3757 4980 |
About Phoenix
Phoenix Global Resources is a London Stock Exchange (AIM: PGR) and Buenos Aires Stock Exchange (BCBA:PGR) listed independent oil and gas exploration and production company with assets primarily in Argentina.
The Company's website is www.phoenixglobalresources.com.
Related Shares:
PGR.L