Angus Energy PLC Result of Placing
RNS Number : 9146I
Angus Energy PLC
16 December 2020
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16 December 2020
Angus Energy plc
("Angus" or the "Company")
Result of Placing
Angus Energy plc (AIM: ANGS) is pleased to announce that it has
raised gross proceeds of GBP249,990 as result of a placing (the
"Fundraising") of new ordinary shares.
A total of 41,664,999 new ordinary shares in the capital of the
Company ("New Ordinary Shares") have been placed by WH Ireland
Limited with new and existing investors (the "Placing") at a price
of 0.6 pence per share (the "Issue Price"). The principal aim of
the Fundraise is to provide general working capital for the
Company's ongoing activities.
Application has been made to London Stock Exchange plc for the
New Ordinary Shares, which will rank pari passu with existing
Ordinary Shares, to be admitted to trading on AIM. It is expected
that admission will be effective, and dealings in the New Ordinary
Shares will commence, at 8.00 a.m. on 22 December 2020.
For the purposes of the Financial Conduct Authority's Disclosure
and Transparency Rules ("DTRs"), the issued ordinary share capital
of the Company following Admission will consist of 766,502,269
Ordinary Shares with voting rights attached (one vote per Ordinary
Share). There are no Ordinary Shares held in treasury. This total
voting rights figure may be used by shareholders as the denominator
for the calculations by which they will determine whether they are
required to notify their interests in, or a change to their
interest in, the Company under the DTRs.
For further information please contact:
Angus Energy Plc www.angusenergy.co.uk
George Lucan Tel: +44 (0) 208 899
Beaumont Cornish (Nomad) www.beaumontcornish.com
James Biddle/ Roland Cornish Tel: +44 (0) 207 628
WH Ireland Limited (Broker)
Harry Ansell/Katy Mitchell Tel: +44 (0) 207 220
Flagstaff PR/IR firstname.lastname@example.org
Tim Thompson Tel: +44 (0) 207
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(END) Dow Jones Newswires
December 16, 2020 12:20 ET (17:20 GMT)