Edenville Energy plc (AIM: EDL) announces that the Company has issued a total of 21,924,153 ordinary shares of 0.02p each in the Company (“Ordinary Shares”) following receipt of notices to exercise warrants (“New Ordinary Shares”).
The Company has received notice from JIM Nominees Ltd to exercise 13,911,331 warrants and MD Barnard & Co to exercise 8,012,822 warrants, all at an exercise price of 0.54p each, into 21,924,153 New Ordinary Shares in aggregate. The total consideration received by the Company pursuant to the warrant exercise will be £118,390.42.
Application will be made for the 21,924,153 New Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM (“Admission”). Admission is expected to occur at 8.00 a.m. on 26 September 2017.
Following Admission, the Company will have 1,127,894,465 Ordinary Shares, with voting rights, in issue. This number 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 and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
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