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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Echo Energy Plc | LSE:ECHO | London | Ordinary Share | GB00BF0YPG76 | ORD 0.0001P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0002 | -4.88% | 0.0039 | 0.0038 | 0.004 | 0.0041 | 0.0039 | 0.0041 | 445,447,699 | 12:09:53 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Drilling Oil And Gas Wells | 14.11M | -9.59M | -0.0017 | 0.00 | 0 |
From Apr 2019 to Apr 2024
TIDMIRG
RNS Number : 4789A
Independent Resources PLC
24 March 2017
FOR IMMEDIATE RELEASE
Independent Resources plc
("IRG" or the "Company")
Warrant Exercise and Total Voting Rights
Warrant Exercise
The Company announces that it has received exercise notices from certain of its warrant holders to exercise 16,666,666 warrants into new ordinary shares of 0.01p each in the Company ("New Ordinary Shares") as per the table below:
Exercise No. of warrants price being exercised --------- ----------------- 0.12p 16,666,666 --------- ----------------- Total: 16,666,666 --------- -----------------
The total consideration received by the Company pursuant to the warrant exercise will be GBP20,000.00.
Application will be made for the 16,666,666 New Ordinary Shares, which will rank pari passu with the existing ordinary shares, to be admitted to trading on AIM ("Admission"). Admission is expected to occur on 30 March 2017.
Following Admission, the total number of voting rights in the Company will be 3,901,086,881 ordinary shares. This number 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 Company under the FCA's Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For more information, please visit www.ir-plc.com or contact:
Hot Features
Premium
James Parsons Echo Energy plc j.parsons@echoenergyplc.com
Greg Coleman Echo Energy plc g.coleman@echoenergyplc.com
ZAI Corporate Finance
John Treacy Ltd. 020 7060 2220
Jamie Spotswood (Nominated Adviser)
Oliver Stansfield Brandon Hill Capital
Jonathan Evans (Broker) 020 3463 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCJIMBTMBJTBFR
(END) Dow Jones Newswires
March 24, 2017 07:37 ET (11:37 GMT)
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