18th Aug 2025 16:21
18 August 2025
Coro Energy plc
("Coro" or the "Company")
Issue of Equity and Total Voting Rights
Coro Energy Plc, the South East Asian renewable energy developer, announces it has issued shares to certain creditors in lieu of cash payments.
Accordingly, 7,951,091 new ordinary shares of 0.5 pence each ("Ordinary Shares") have been issued in lieu of cash for services provided at a price of 0.5 pence per new Ordinary Share, being the closing market price of the Company's stock on 15 August 2025 (the "Creditor Shares").
Admission and Total Voting Rights
Application has been made for the Creditor Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective, and dealings will commence at 8.00 a.m. on or around 22 August 2025. The Creditor Shares will rank pari passu with the ordinary shares of the Company in issue.
Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 824,184,418 with voting rights. 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's share capital pursuant to (i) the Company's Articles, (ii) the Financial Conduct Authority's Disclosure Guidance and Transparency Rules and/or (iii) the AIM Rules for Companies issued by the London Stock Exchange plc as amended from time to time.
For further information please contact:
Coro Energy plc | Via Vigo Consulting Ltd
|
Cavendish Capital Markets Limited (Nominated Adviser) Adrian Hadden Ben Jeynes
| Tel: 44 (0)20 7220 0500 |
Hybridan LLP (Nominated Broker) Claire Louise Noyce
| Tel: 44 (0)20 3764 2341 |
| |
Vigo Consulting (IR/PR Advisor) Patrick d'Ancona Finlay Thomson
| Tel: 44 (0)20 7390 0230 |
Related Shares:
Coro Energy