Exercise of Warrants

RNS Number : 2922O

Edenville Energy PLC

03 November 2016

 

3 November 2016

EDENVILLE ENERGY PLC

("Edenville" or the "Company")

Exercise of Warrants

Edenville Energy plc (AIM:EDL), the Company developing an integrated coal to power project in western Tanzania, announces that it has received a notice to exercise 1,602,564 warrants at an exercise price of 0.54p per warrant into 1,602,564 new ordinary shares of 0.02p in the Company ("New Ordinary Shares"), the total consideration received by the Company being £8,654.

Application for the admission of the 1,602,564 New Ordinary Shares to trading on AIM has been made and trading in these shares is expected to commence on or around 9 November 2016.

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company hereby announced that following admission to trading on AIM of the New Ordinary Shares, it has 754,202,899 ordinary shares of 0.02p each in issue, each share carrying the right to one vote. The Company does not hold any shares in treasury.

The above figure of 754,202,899 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 to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

For further information please contact:

Edenville Energy Plc Jeff Malaihollo - Chairman Rufus Short - CEO	[phone]
Northland Capital Partners Limited (Nominated Adviser) Gerry Beaney David Hignell	[phone]
Optiva Securities Limited (Broker) Jeremy King Graeme Dickson	[phone]
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Heather Armstrong	[phone]

Miles Nolan

 

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