Issue of Equity

RNS Number : 8373Z

Equatorial Palm Oil plc

20 January 2011

 

20 January 2011

Equatorial Palm Oil plc ('EPO' or 'the Company')

Exercise of Warrants

The Company on 20 January 2011 issued 203,500 new Ordinary Shares of 1p each in the Company ("Ordinary Shares") pursuant to the exercise of warrants issued by the Company to placees on Admission. Application has been made for the new Ordinary Shares to be admitted to AIM and dealings are expected to commence on 26 January 2011.

The enlarged issued share capital of the Company following the issue of the 203,500 new Ordinary Shares will be 121,017,045 ordinary shares. 

The Company has also applied to the AIM market of the London Stock Exchange for the block listing of 24,000,000 Ordinary Shares of 1p each fully paid, ranking pari passu with the Company's existing Ordinary shares.

These shares will be issued pursuant to the exercise of warrants issued by the Company to placees on Admission.

For further information please visit www.epoil.co.uk, or contact: 

* ENDS * *

 For further information please visit www.epoil.co.uk, or contact: 

Equatorial Palm Oil plc Company Michael Frayne, Chairman	[phone]
Shore Capital & Corporate Ltd. NOMAD and Joint Broker Pascal Keane Edward Mansfield	[phone]
Mirabaud Securities LLP Broker Peter Krens	[phone]
Pelham Bell Pottinger Financial  / Corporate PR Charles Vivian	[phone]

 

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