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FTE Forte Energy

0.0029
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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

Forte Energy NL Share Issue for Darwin Conversion Notice

27/07/2016 7:50am

UK Regulatory


 
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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