Issues of Shares

RNS Number : 0629K

Enteq Upstream PLC

16 September 2016

 

Enteq Upstream plc

("Enteq" or the "Company")

Issue of shares

Enteq, the oil and gas field services Company, announces that on 15 September 2016 it issued and allotted 95,110 new ordinary shares of 1p each ("Ordinary Shares") to Neil Warner, who stepped down as Chairman at the closing of the AGM on 13 September 2016, at a price of 13.3p per new Ordinary Share.  This issue relates to the outstanding remuneration due up to that date. 

Application has been made for the 95,110 new Ordinary Shares to be admitted to trading on AIM which is expected to occur on 23 September 2016. Following the above issue of new Ordinary Shares the number of Ordinary Shares (each carrying one vote) in issue is 60,504,559.  There are no shares held in treasury.  The figure 60,504,559 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interests in, the share capital of Enteq under the Disclosure and Transparency Rules.

For further information, please contact:

Enteq Upstream plc	[phone]
Martin Perry, Chief Executive Officer
David Steel, Finance Director
Investec Bank plc (NOMAD and Broker)	[phone]
Chris Treneman, Patrick Robb, David Anderson

 

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