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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Thalassa Holdings Limited | LSE:THAL | London | Ordinary Share | VGG878801114 | ORD SHS USD0.01 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.50 | -6.12% | 23.00 | 23.00 | 26.00 | 24.50 | 24.50 | 24.50 | 2,500 | 16:35:16 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil & Gas Field Services,nec | 296k | -1.45M | -0.1825 | -1.34 | 1.95M |
TIDMTHAL
RNS Number : 0764M
Thalassa Holdings Limited
10 October 2016
10 October 2016
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or "the Company")
Update of investment in Papua Mining plc ("Papua")
Further to the announcement of 2 September 2016, Thalassa is pleased to announce that all resolutions put to the shareholders of Papua at the general meeting held on 7 October 2016 were passed.
Consequently, Thalassa's investment of GBP400,000 for 40,000,000 new ordinary shares of Papua has been approved.
Papua has raised a total of GBP512,000 through the issue of 40,000,000 new ordinary shares to Thalassa and 11,200,000 new ordinary shares to existing shareholders. As a result, Thalassa's shareholding will represent 26.7% of the enlarged share capital of Papua.
Investor Enquiries:
Thalassa Holdings Ltd
Duncan Soukup, Chairman +33 (0)6 78 63 26 89
WH Ireland Limited (Nominated Adviser and Broker)
Chris Fielding, Head of Corporate Finance +44 (0)207 220 1650
Press Enquiries:
Square1 Consulting (Public Relations)
David Bick +44 (0)207 929 5599
www.thalassaholdingsltd.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
October 10, 2016 02:00 ET (06:00 GMT)
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