Issue of Equity and Total Voting Rights

RNS Number : 9503H

Egdon Resources PLC

23 May 2014

 



23 May 2014 

EGDON RESOURCES PLC

("Egdon" or "the Company")

Issue of Equity and Total Voting Rights

Egdon Resources plc (AIM:EDR) announces that pursuant to the exercise of options granted under the Company's Enterprise Management Incentive Scheme, 150,000 ordinary shares of 1 pence each have been issued and allotted.

Application has been made for the admission of the 150,000 new ordinary shares of 1 pence each to trading on AIM. It is expected that dealing in these new ordinary shares, which will rank pari passu in all respects with the existing ordinary shares of the Company, will commence on or around 30 May.

Following this allotment, the total issued share capital of the Company has increased to 145,765,814 ordinary shares with an equal amount of voting rights and no shares are held in treasury.

For further information please contact:

Egdon Resources plc

Mark Abbott, Jerry Field                                                                                    01256 702 292

Buchanan

Richard Darby, Anna Michniewicz                                                                  020 7466 5000

Nominated Adviser and Broker - Cantor Fitzgerald Europe

David Porter, Tom Sheldon (Corporate Finance)                                       020 7894 7000

Richard Redmayne (Corporate Broking)

Joint Broker - VSA Capital Limited

Andrew Monk, (Corporate Broking)                                                               020 3005 5000

Andrew Raca (Corporate Finance)

Notes to Editors:

Egdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK and France. 

Egdon currently holds interests in twenty-seven licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets.  Egdon is an approved operator in both the UK and France.

Egdon was formed in 1997 and listed on AIM in December 2004.

 

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