Issue of Equity

RNS Number : 9843F

Contango Holdings PLC

25 March 2022

 

Contango Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural Resources

25 March 2022

Contango Holdings Plc

('Contango' or the 'Company')

Issue of Equity

Contango Holdings Plc, the London listed natural resource development company, announces that it has issued 242,424 shares ("New Ordinary Shares") in lieu of services of £20,000 provided by a service provider that has elected to be paid in equity. The shares were issued at 8.25p each.

An application has been made for the New Ordinary Shares to be admitted to trading on the official list and the London Stock Exchange with effect from 8.00 a.m. on Wednesday 30 March 2022 ("Admission").

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 309,667,356 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to 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.

**ENDS**

For further information, please visit www.contango-holdings-plc.co.uk or contact:

Contango Holdings plc Chief Executive Officer Carl Esprey	E: [e-mail]
Tavira Securities Limited Financial Adviser & Broker Jonathan Evans	T: [phone]
St Brides Partners Ltd Financial PR & Investor Relations Susie Geliher / Charlotte Page	T: [phone]

 

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