25th Sep 2012 07:00
For Immediate Release | 25 September 2012 |
Kea Petroleum plc
("Kea" or the "Group")
Exercise of warrants
A committee of the Board of Kea Petroleum plc (AIM:KEA) met on 24 September 2012 and approved the exercise of 13.25 million warrants at 8p into new ordinary shares in Kea. The new ordinary shares will rank pari passu with the existing ordinary shares and application has been made for the admission of the newly issued shares to trading on AIM which is expected to commence at 8.00 a.m. on 28 September 2012.
Following the exercise of these warrants, the issued share capital of the Group will be 525,735,000 ordinary shares.
To learn more about Kea Petroleum, visit: www.keapetroleum.com or contact:
Kea Petroleum plc David Lees, Executive Director
| Tel: +44 (0)20 7340 9970 |
RBC Capital Markets Matthew Coakes Daniel Conti (NOMAD)
| Tel: +44 (0)20 7653 4000 |
WH Ireland Limited James Joyce Jasper Berry
| Tel: +44 (0)20 7220 1666
|
Buchanan Tim Anderson Sophie Cowles | Tel: +44 (0)20 7466 5000 |
Notes to Editors:
Kea Petroleum is an AIM listed oil and gas exploration company with interests in four petroleum exploration permits in the Taranaki Basin of New Zealand. Kea listed on the London AIM market in February 2010.
Related Shares:
KEA.L