leadf
logo-loader
viewMosman Oil and Gas Ltd

Mosman Oil & Gas - Warrant Exercise

RNS Number : 0882P
Mosman Oil and Gas Limited
15 February 2021
 

15 February 2021 

Mosman Oil and Gas Limited

 ("Mosman" or the "Company")

 

Warrant Exercise

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces that it has received notification to exercise warrants over a total of 10,000,000 new Ordinary Shares of no par value in the share capital of the Company (the 'Warrant Shares') at a price of 0.15 pence per share.

The funds from the exercise of the warrants of circa AUD 27,000 will be added to Mosman's existing cash reserves.

Total Voting Rights

Application will be made to the London Stock Exchange plc for 10,000,000 new Ordinary Shares to be admitted to trading on the AIM market ("Admission") with Admission expected to occur on or around 18 February 2021. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares including the right to receive any dividend or other distribution thereafter declared, made or paid. There are no Ordinary Shares held in treasury. Following Admission of the 10,000,000 new Ordinary Shares the total number of voting rights in the Company will be 2,646,513,052.

Consequently, the above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Company's Constitution.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Enquiries:

 Mosman Oil & Gas Limited

John W Barr, Executive Chairman

Andy Carroll, Technical Director

jwbarr@mosmanoilandgas.com

acarroll@mosmanoilandgas.com

 

NOMAD and Joint Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Adam Cowl

+44 (0) 20 3470 0470

 

Alma PR

Justine James

+44 (0) 20 3405 0205

+44 (0) 7525 324431

mosman@almapr.co.uk

 

Joint Broker

Monecor (London) Ltd

trading as ETX Capital

Thomas Smith

+44 (0) 20 7392 1432



Updates on the Company's activities are regularly posted on its website: www.mosmanoilandgas.com  

 

 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEDKPBBFBKKNBD

Quick facts: Mosman Oil and Gas Ltd

Price: -

Market: AIM
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

SP Angel hail the restructuring of Mosman Oil and Gas and their 2020...

Mosman Oil and Gas Ltd's (LON:MSMN) is given a 'buy' recommendation by SP Angel analyst Sam Wahab who takes Proactive through his research on the company.  2020 was a year of operational development against a challenging market backdrop, the company successfully transitioned into a low...

on 28/1/21

3 min read