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88 Energy Limited - Issue of Equity

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

Dave Wall, Managing Director

Tel: +61 8 9485 0990

Email: [email protected]

 

 

 

Finlay Thomson, Investor Relations

Tel: +44 7976 248471



Hartleys 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.
 
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Quick facts: 88 Energy Ltd

Price: 0.2657

Market: AIM
Market Cap: £23.28 m
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