Anglo African Oil & Gas PLC Issue of Equity
RNS Number : 3604A
Anglo African Oil & Gas PLC
29 September 2020
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF REGULATION 596/2014 ("MAR").
Anglo African Oil & Gas plc
("AAOG" or "the Company")
Issue of Equity
The Company announces that it has today issued 10,566,356 new
ordinary shares of 0.1p each at a price of 0.2366p each in respect
of the conversion by Riverfort Global Opportunities PCC Limited
("Riverfort") of GBP25,000 principal of the convertible loan note
entered into between the Company and Riverfort on 10 June 2020.
Application has been made for the admission of the new ordinary
shares to trading on AIM ("Admission") and dealings are expected to
commence on 2 October 2020.
On Admission, the Company will have 499,434,220 Ordinary Shares
in issue and there are no shares held in treasury. Therefore, the
Company's total number of Ordinary Shares with voting rights is
499,434,220. The figure of 499,434,220 may be used by shareholders
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 Company under the FCA's Disclosure
Guidance and Transparency Rules.
Anglo African Oil & Gas plc firstname.lastname@example.org
Sarah Cope, Non-Executive Chair
finnCap Ltd (Nominated Adviser) Tel: +44 20 7220 0500
Christopher Raggett, Giles Rolls, Teddy
Whiley (Corporate Finance)
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(END) Dow Jones Newswires
September 29, 2020 02:00 ET (06:00 GMT)