Additional Listing

RNS Number : 9743X

Igas Energy PLC

17 January 2014

 



IGas Energy Plc
("IGas Energy" or the "Company")

Additional Listing

The Company announces that application has been made to the London Stock Exchange for an additional listing totalling 2,500,001 ordinary shares of 10p each to trade on the AIM market of the London Stock Exchange. The shares shall rank equally with the existing issued shares of the Company.

The application includes a blocklisting of 500,000 Ordinary Shares of 10p each under the IGas Energy Plc Share Incentive Plan ("Plan"). These shares are being allotted to trade on the AIM market of the London Stock Exchange and to be admitted to the Official List upon allotment pursuant to the Company's obligations under the Plan.

In addition, pursuant to a warrant agreement to subscribe for ordinary shares in the capital of the Company ("Ordinary Shares") dated 14 December 2011, Macquarie Bank Limited exercised warrants to subscribe for 2,000,001 new Ordinary Shares. Application has been made for the new Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange.  Dealings are likely to commence on 22 January 2014.

Following this allotment and in accordance with Disclosure and Transparency Rules, the Company's issued ordinary share capital is now comprised of 204,633,229 Ordinary Shares of 10 pence each with voting rights.

The above figure 204,633,229 may be used by shareholders as a 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, IGas Energy under the FCA's Disclosure and Transparency Rules.

For further information please contact:

IGas Energy plc	Tel: [phone]
Andrew Austin, Chief Executive Officer Stephen Bowler, Chief Financial Officer Ann-Marie Wilkinson, Head of Corporate Communications
Jefferies International Limited	Tel: [phone]
Sara Hale  Graham Hertrich
Canaccord Genuity	Tel: [phone]
Tim Redfern Henry Fitzgerald-O'Connor

 

END

 

 

LISSFSFLWFLSEEF