TIDM88E

RNS Number : 4212S

88 Energy Limited

08 July 2020

8 July 2020

88 ENERGY LIMITED

Issue of Equity

88 Energy Limited ("88E" or the "Company") confirms that it has issued a further 76,650,137 fully paid ordinary shares (the "New Ordinary Shares") in the Company in relation to the recommended off-market takeover offers (the "Offers") for all of the ordinary shares and listed options in XCD Energy Limited (ASX: XCD) ("XCD Energy"). The New Ordinary Shares have been issued in respect of further acceptances of the Offers received prior to 7.00 p.m. on 2 July 2020.

Application has been made for admission of the New Ordinary Shares issued to trading on AIM on 9 July 2020. Following the issue of all the New Ordinary Shares, which rank pari passu to the existing ordinary shares in the Company, the Company has 8,676,902,587ordinary shares in issue, all of which have voting rights.

Media and Investor Relations:

 
 88 Energy Ltd                             Tel: +61 8 9485 0990 
  Dave Wall, Managing Director              Email: admin@88energy.com 
 
 Finlay Thomson , Investor Relations       Tel: +44 7976 248471 
 
 Hartleys Ltd Dale Bryan                   Tel: + 61 8 9268 2829 
 
 Cenkos Securities Neil McDonald/Derrick   Tel: + 44 131 220 6939 
  Lee

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END

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July 08, 2020 07:01 ET (11:01 GMT)

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