Exercise of Warrants

RNS Number : 7515H

Inspirit Energy Holdings PLC

22 May 2014

 



22 May 2014

Inspirit Energy Holdings plc

("Inspirit Energy", "Inspirit" or the "Company")

Exercise of Warrants

The Company has today applied for a further 6,000,000 new ordinary shares of 0.1 pence each in the capital of the Company to be admitted to trading on AIM as a result of an exercise of 6,000,000 warrants, at an exercise price of 1p per share. The new shares will rank pari passu in all respects with existing ordinary shares in Inspirit.

Application has been made for the shares to be admitted to trading on AIM which is expected to take place on 28th May 2014.

Following issue of the Exercise Shares the Company's enlarged issued share capital is 584,131,773 ordinary shares. This figure of 584,131,773 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Contacts:
Inspirit Energy Holdings plc	www.inspirit-energy.com
John Gunn, Executive Director	[phone]
Jubeenh Nazhat, Director/Company Secretary	[phone]
Westhouse Securities Limited
Antonio Bossi / David Coaten	[phone]
Peterhouse Corporate Finance	[phone]
Jon Levinson / Lucy Williams
Public Relations:
Square1 Consulting
David Bick / Mark Longson	[phone]

 

END

 

 

MSCABMFTMBITBII