30th Jan 2020 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014 ("MAR").
Anglo African Oil & Gas plc ("AAOG" or "the Company")
Issue of Equity
The Company announces that it has today issued 12,222,242 new ordinary shares of 0.1p each (the "New Ordinary Shares") at a price of 0.375p per New Ordinary Share in settlement of certain creditors. Application has been made for the admission of the New Ordinary Shares to trading on AIM ("Admission") and dealings are expected to commence on 4 February 2020.
On Admission, the Company will have 408,770,638 Ordinary Shares in issue and there are no shares held in treasury. Therefore, the Company's total number of Ordinary Shares with voting rights is 408,770,638.
The figure of 408,770,638 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 under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Anglo African Oil & Gas plc | |
James Cane, Interim Chief Executive and Finance Director |
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finnCap Ltd (Nominated Adviser) | Tel: +44 20 7220 0500 |
Christopher Raggett, Giles Rolls, Teddy Whiley (Corporate Finance) |
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Camille Gochez (ECM) |
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Related Shares:
AAOG.L