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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Forte Energy | LSE:FTE | London | Ordinary Share | AU000000FTE4 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0029 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFTE Share Issue for Darwin Conversion Notice Forte Energy NL AIM Release 27 July 2016 Share Issue for Darwin Conversion Notice Forte Energy NL ("Forte Energy" or "The Company") (AIM: FTE) Forte Energy announces the allotment of 2,295,684,114 fully paid ordinary shares ("Conversion Shares") in the Company to Darwin Capital Limited ("Darwin"). The Conversion Shares have been issued following the receipt of a conversion notice today from Darwin in relation to the convertible loan notes announced on 26 March 2015. The Conversion Shares were issued at 0.004356 pence per share for the exercise of conversion rights in respect of GBP100,000 of Convertible Loan Notes. Following this share issue, Convertible Loan Notes issued in March 2015 for GBP200,000 remain outstanding. Application has also been made to the AIM market of the London Stock Exchange ("AIM") for the Conversion Shares to be admitted to trading on AIM from 1 August 2016. Following admission of the Conversion Shares Forte Energy will have 15,980,995,721 fully paid ordinary shares in issue. Murray Wylie Company Secretary For further information contact: Mark Reilly, Managing Director Forte Energy NL Tel: +61 (0) 8 9322 4071 Oliver Morse RFC Ambrian Ltd Tel: +61 (0) 8 9480 2500 (AIM Nominated Adviser to the Company) Forte Energy NL Suite 3, Level 3 1292 Hay Street West Perth WA 6005 Ph: +61 (0)8 9322 4071 Fax: +61 (0)8 9322 4073 Email: info@forteenergy.com.au Web: www.forteenergy.com.au Forte Energy NL
(END) Dow Jones Newswires
July 27, 2016 02:50 ET (06:50 GMT)
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