Egdon Resources PLC Exercise of options (2840I)
August 26 2016 - 9:35AM
UK Regulatory
TIDMEDR
RNS Number : 2840I
Egdon Resources PLC
26 August 2016
26 August 2016
EGDON RESOURCES PLC
("Egdon" or "the Company")
Exercise of Options
As a result of the exercise of share options by an employee,
Egdon Resources plc (AIM:EDR) has today issued 77,457 New Ordinary
Shares of 1p each. Following this the Company's issued ordinary
share capital will be 221,423,268 ordinary shares.
Application has been made for the New Ordinary Shares to the
London Stock Exchange, which rank pari passu with the Company's
existing issued ordinary shares, to be admitted to trading on AIM.
Dealings are expected to commence on or around 2 September
2016.
The above figure of 221,423,268 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 share capital of the Company, under the
FCA's Disclosure and Transparency Rules.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the
publication of this announcement via Regulatory Information Service
("RIS"), this inside information is now considered to be in the
public domain.
For further information please contact:
Egdon Resources plc
Mark Abbott 01256 702 292
Buchanan
Richard Darby, Anna Michniewicz 020 7466 5000
Nominated Adviser and Broker - Cantor Fitzgerald Europe
David Porter, Sarah Wharry (Corporate Finance) 020 7894 7000
Mark Westcott (Sales)
Joint Broker - VSA Capital Limited
Andrew Monk (Corporate Broking) 020 3005 5000
Andrew Raca (Corporate Finance)
Notes to Editors:
Egdon Resources plc (LSE: EDR) is an established UK-based
exploration and production company primarily focused on onshore
exploration and production in the hydrocarbon-producing basins of
the UK and France.
Egdon currently holds interests in thirty four licences in the
UK and France and has an active programme of exploration, appraisal
and development within its balanced portfolio of oil and gas
assets. Egdon is an approved operator in both the UK and
France.
Egdon was formed in 1997 and listed on AIM in December 2004.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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