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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nostra Terra Oil And Gas Company Plc | LSE:NTOG | London | Ordinary Share | GB00BZ76F335 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.1025 | 0.10 | 0.105 | 0.1025 | 0.1025 | 0.1025 | 393 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investors, Nec | 4.02M | -546k | -0.0007 | -1.43 | 746.52k |
TIDMNTOG
RNS Number : 5775Z
Nostra Terra Oil & Gas Company PLC
18 December 2017
Nostra Terra Oil and Gas Company plc
("Nostra Terra" or the "Company")
Exercise of Warrants
Block Listing Application
Nostra Terra (AIM:NTOG) announces that it has received notice of the exercise of 3,086,000 warrants at 3 pence per share pursuant to the issue of 25,000,000 warrants as announced on 19 April 2017 ("Warrants"), in conjunction with the issue of 25,000,000 new ordinary shares of 0.1p per share in the Company ("Ordinary Shares"). The Company has applied to the London Stock Exchange for the admission of 3,086,000 new Ordinary Shares to trading on AIM, which is expected to take place on 21 December 2017. The Ordinary Shares in issue and admitted to trading on AIM will then be 125,115,017.
In addition, Nostra Terra has today applied for the block listing of up to 21,914,000 new Ordinary Shares in accordance with the block listing process under Rule 29 of the AIM Rules to cover the potential exercise of the remaining Warrants. The Ordinary Shares subject to the block admission will not be allotted immediately, but rather will be issued and allotted on exercise of the Warrants from time to time. On issue, these new Ordinary Shares will be issued as fully paid and will rank pari passu in all respects with the existing Ordinary Shares of the Company. The Company will announce the number of any Ordinary Shares granted and admitted under the block listing at the end of each calendar month and on 20 April 2018, the final date for exercise of the Warrants. The expected effective date of admission of these securities to AIM is on 21 December 2017.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
For further information, visit www.ntog.co.uk or contact:
Nostra Terra Oil and Gas Company plc Matt Lofgran, CEO Tel: +1 480 993 8933 Strand Hanson Limited (Nominated & Financial Adviser and Joint Broker) Rory Murphy / Ritchie Balmer / Jack Botros Tel: +44 (0) 20 7409 3494 Smaller Company Capital Limited (Joint Broker) Rupert Williams / Jeremy Woodgate Tel: +44 (0) 20 3651 2910
-Ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
STREAFAXFLFXFAF
(END) Dow Jones Newswires
December 18, 2017 02:00 ET (07:00 GMT)
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