Exercise of Options

RNS Number : 1079F

88 Energy Limited

16 February 2018

 

88 Energy Limited

Exercise of Options

88 Energy Limited ("88E" or the "Company") confirms that it has issued a total of 37,848,570 fully paid ordinary shares in the Company (the "New Ordinary Shares") pursuant to the exercise of options (the "Options").

Application has been made for admission of the New Ordinary Shares to trading on AIM, which is expected to occur on 21 February 2018. Following the issue of the New Ordinary Shares, which rank pari passu to the existing ordinary shares in the Company, the Company has 4,751,031,943 ordinary shares in issue, all of which have voting rights.

Media and Investor Relations:

88 Energy Ltd

Dave Wall, Managing Director                                                   Tel: [phone]

Email: [e-mail]

Finlay Thomson, Investor Relations                                        Tel: [phone]

Hartleys Ltd

Dale Bryan                                                                                          Tel: + 61 8 9268 2829

Cenkos Securities                                                                            Tel: + 44 131 220 6939

Neil McDonald/Derrick Lee

 

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