Exercise of Options and Total Voting Rights

RNS Number : 5028M

Lekoil Limited

07 May 2015

 

7 May 2015

Lekoil Limited

("Lekoil" or the "Company")

Exercise of Options and Total Voting Rights

Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa more generally, announces that following the exercise of options by a former director, 93,750 new Ordinary Shares of par value US$0.00005 each in the capital of the Company ("Ordinary Shares") have been issued.

Lekoil has applied for these 93,750 new Ordinary Shares to be admitted to trading on AIM and it is anticipated that trading in such shares will commence on or about 13 May 2015.

Total number of voting rights

The total number of Ordinary Shares in issue following the issue of these shares will be 362,999,983, and the total number of voting rights, will be 362,999,983. Lekoil does not hold any Ordinary Shares in treasury and accordingly there are no voting rights in respect of any treasury shares. The aforementioned figure of 362,999,983 Ordinary Shares 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, Lekoil under the FCA's Disclosure and Transparency Rules.

For further information, please visit www.lekoil.com or contact:

Lekoil Limited Dave Robinson, Chief Financial Officer	[phone]
Strand Hanson Limited  (Joint Financial and Nominated Adviser) James Harris / James Spinney / Ritchie Balmer	[phone]
Mirabaud Securities LLP (Joint Broker) Peter Krens / Edward Haig-Thomas Ladenburg Thalmann & Co. Inc. (US Placing Agent) Jim Hansen / Barry Steiner	[phone] [phone] [phone] [phone]
Tavistock Communications (Financial PR) Simon Hudson / Ed Portman	[phone]

-ends-

 

END

 

 

MSCGMGGKMNZGKZM