Exercise of Warrants

RNS Number : 6484P

Mustang Energy PLC

19 February 2021

 

Friday 19 February, 2021

Mustang Energy PLC

Mustang Energy PLC

19 February 2021

Mustang Energy PLC

Exercise of Warrants

Mustang Energy PLC (the "Company"), the special purpose acquisition company, announces it has received a notice to exercise warrants over 210,000 new ordinary shares of £0.01 each in the capital of the Company (the "Warrant Shares").

The Warrant Shares are being issued pursuant to the exercise of warrants granted in the respect of the Company's initial admission to the Standard List segment of the Official List (the "Official List") in July 2019. Subscription monies of £21,000 have been received by the Company in respect of this exercise.

Admission and Total Voting Rights

Application will be made for the Warrant Shares to be admitted to the Official List and to trading on the main market of the London Stock Exchange plc ("Admission"). It is expected that Admission will become effective and that dealings in the Warrant Shares will commence at 8:00 a.m. on or around 26 February 2021.

Following Admission, the total issued share capital of the Company will consist of 8,610,000 Ordinary Shares. Therefore, the total number of voting rights in the Company is 8,610,000 and this figure 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.

ENQUIRIES

For further information, please visit  www.mustangplc.com , follow us on Twitter @Mustang_Plc , or contact: 

Mustang Energy PLC

Dean Gallegos, Managing Director

[e-mail] 

[phone]

 

END

 

 

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