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88 Energy Limited - Issue of Equity

RNS Number : 4716T
88 Energy Limited
20 July 2020

20 July 2020





Issue of Equity


88 Energy Limited ("88E" or the "Company") confirms that it has issued a further 4,922,452 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 14 July 2020.


Application has been made for admission of the New Ordinary Shares issued to trading on AIM on 21 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 8,762,509,023 ordinary 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


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Quick facts: 88 Energy Ltd

Price: 0.375

Market: AIM
Market Cap: £33.51 m

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