Information  X 
Enter a valid email address

88 Energy Limited (88E)

  Print   

Monday 12 July, 2021

88 Energy Limited

Issue of Equity

RNS Number : 8878E
88 Energy Limited
12 July 2021
 

 

 

12 July 2021

88 Energy Limited

Issue of Equity

88 Energy Limited ("88 Energy" or the "Company", ASX:88E, AIM:88E, OTC:EEENF) has today issued 42,230,000 fully paid shares ("Consideration Shares") at a deemed issue price of A$0.032 per share pursuant to 88 Energy's acquisition of a 50% working interest in Project Peregrine from Alaska Peregrine Development Company, LLC ("APDC"),   which was announced on 7 June 2021.

Application will be made for admission of the Consideration Shares to trading on AIM ("Admission"), with Admission expected to occur on 16 July 2021. Following the issue of the Consideration Shares, which rank pari passu to the existing ordinary shares in the Company, the Company has a total of 13,544,547,627 ordinary shares in issue, all of which have voting rights.

Media and Investor Relations:

88 Energy Ltd

Ashley Gilbert, Managing Director

 

Tel: +61 8 9485 0990

Email: [email protected]

 

Finlay Thomson  , Investor Relations

 

Tel: +44 7976 248471

 

Fivemark Partners  , Investor and Media Relation Andrew Edge / Michael Vaughan

 

Tel: +61 410 276 744

Tel: +61 422 602 720

 

EurozHartleys Ltd

Dale Bryan

 

Tel: + 61 8 9268 2829

 

Cenkos Securities

Neil McDonald / Derrick Lee

 

Tel: + 44 131 220 6939

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEDKBBQABKKCOD

a d v e r t i s e m e n t