Blocklisting Application

RNS Number : 3818U

Oxford Catalysts Group PLC

27 December 2012

 



Oxford Catalysts Group PLC

("Oxford Catalysts" or the "Company" or the "Group")

Blocklisting Application

The Company announces that it has made a blocklisting application in respect of a total of 2,500,000 ordinary shares of 1p each ("Blocklisting Shares") to be admitted to trading on AIM.

The Blocklisting Shares will be used by the Company to satisfy the exercise of options by directors and employees of the Company under the Oxford Catalysts Group Share Option Scheme and pursuant to bonus schemes. It is expected that the Blocklisting Shares will be admitted to trading on AIM on or around 2 January 2013.

Blocklisting Shares will be issued credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares of the Company.

In addition, the Company announces that it has issued and allotted a total of 97,893 ordinary shares of 1p each (the "New Ordinary Shares") pursuant to the exercise of options under the Oxford Catalysts Group Share Option Scheme and issue of bonus shares. The New Ordinary Shares, which are being issued credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares of the Company, will be admitted to trading pursuant to the Blocklisting referred to above.

The total number of Ordinary Shares with voting rights in issue following the issue of the New Ordinary Shares will be 91,431,571. Oxford Catalysts does not hold any ordinary shares in treasury. The figure of 91,431,571 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, the Group under the Financial Services Authority's Disclosure and Transparency Rules.

For further information, please contact:

Oxford Catalysts Roy Lipski, CEO Susan Robertson, CFO	[phone] [phone]
Cenkos Securities (Nomad and Joint Broker) Ken Fleming Neil McDonald	[phone] / [phone] [phone] / [phone]

Notes to Editors

Oxford Catalysts enables modular Gas-to-Liquids ("GTL") plants to convert unconventional, remote and problem gas into valuable liquid fuels. Systems based on the Group's technology (marketed under the brand name Velocys) are significantly smaller than those using conventional technology, enabling modular plants that can be deployed cost effectively in remote locations and on smaller fields than is possible with competing systems. Together with world-class partners, Oxford Catalysts provides complete modular GTL solutions that address an untapped market of up to 25 million barrels of fuel a day.

Oxford Catalysts Group PLC is listed on the AIM market of the London Stock Exchange (LSE:OCG). The Group has some 85 employees with facilities near Oxford, UK and Columbus, Ohio, USA.

www.oxfordcatalysts.com 

www.velocys.com

 

END

 

 

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