Change of Admission Date

RNS Number : 7166P

Oracle Power PLC

20 October 2021

 

20 October 2021

Oracle Power PLC

("Oracle" or the "Company")

Change of Admission Date

Oracle Power PLC (AIM:ORCP), the international natural resources project developer, announces further to its announcement of 14 October 2021, that the 69,185,000 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") are now expected to admit to trading on AIM at 8.00 a.m. on or around 26 October 2021 ("Admission").

Total Voting Rights

As stated in the Company's announcement of 14 October 2021, on Admission, the Company's issued share capital will comprise 2,397,325,712 Ordinary Shares.  As the Company does not hold any shares in treasury, this figure of 2,397,325,712 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 Guidance and Transparency Rules.

*ENDS*

For further information on Oracle Power P LC , visit the Company' s website http://www.oraclepower.co.uk or contact:

Oracle Power PLC

Naheed Memon - CEO  [phone]

Strand Hanson Limited (Nominated Adviser)

Rory Murphy, James Harris, Rob Patrick  [phone]

Brandon Hill Capital Limited (Joint Broker)

Oliver Stansfield   [phone]

Shard Capital (Joint Broker)

Damon Heath, Isabella Pierre   [phone]

St Brides Partners Limited (Financial PR)

Susie Geliher, Catherine Leftley   [phone]

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018.

About Oracle Power PLC:

Oracle Power PLC is an international natural resource and power project developer quoted on London's AIM market.  The Company holds two highly prospective gold assets in two globally significant gold regions of Western Australia.  The Northern Zone Project is located 25km east of the major gold mining centre of Kalgoorlie, the home of the 'Super Pit' mine, the second largest gold mine in Australia, and the Jundee East Gold Project is located ~9km east of Northern Star's Jundee Gold Mine, one of Australia's largest gold mines.

The Company is also active in the power industry in Pakistan and is working to establish a green hydrogen production facility in association with PowerChina.  The Company's initial project is the Thar Block VI Project in south-east Pakistan where the Company is advancing plans for a combined lignite coal mine, a 1,320MW mine mouth power plant and a proposed coal gasification to urea project.

 

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