20th Sep 2005 07:02
BP PLC20 September 2005 BP LISTS NEW SHARES FOR PAYMENT TO TNK PARTNERS BP announced today September 20, 2005 that it has applied for a total of108,628,984 Ordinary Shares of US$0.25 ('shares') to be admitted to the OfficialList. These shares are being issued today to Grove Oil & Gas Holdings Limited(formerly Alfa Oil & Gas Holdings Limited (AlfaCo, 54,314,492 shares)), CromwellResources Limited (AccessCo, 27,157,246 shares) and Starlite Investment Corp.(RenovaCo, 27,157,246 shares) as the second of three tranches of deferredconsideration in connection with the amended and restated sale and purchaseagreement relating to the formation of TNK-BP, dated August 29, 2003. They willrank pari passu with the existing Ordinary Shares. The shares will not be registered under the US Securities Act of 1933 and maynot be offered or sold in the United States without registration or anapplicable exemption from the registration requirements. Dealings are expected to commence today. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BP