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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tomco Energy Plc | LSE:TOM | London | Ordinary Share | IM00BZBXMN96 | 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% | 0.0385 | 0.037 | 0.04 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Drilling Oil And Gas Wells | 0 | -690k | -0.0002 | -2.00 | 1.27M |
From Apr 2019 to Apr 2024
TIDMTOM
RNS Number : 2658E
TomCo Energy PLC
15 July 2016
15 July 2016
TomCo Energy plc (AIM: TOM )
("TomCo" or the "Company")
Termination of Liquidity Facility and Intended Capital Reduction
Further to the announcement made by TomCo on 28 January 2013, the Company is pleased to announce that, by mutual consent, the Liquidity Facility Agreement ("Facility") entered into with Windsor Capital Partners Limited ("Windsor") has been terminated.
Under the Facility, the Company issued and allotted 100 million ordinary shares to Windsor in exchange for a Promissory Note. It was agreed that any shares not sold during the life of the Facility would be returned to the Company and cancelled.
The number of shares remaining under the Facility at the date of termination was 10,980,831 (the "Remaining Shares").
In accordance with the Companies Act 2006 and the Company's Articles of Association, the board of the Company has resolved to cancel the Remaining Shares and instruct the Company's Share Regsitrar to effect such cancellation on 20 July 2016. The Company has applied to the London Stock Exchange for Admission of the Remaining Shares to be cancelled which is expected to occur on 20 July 2016.
Total Voting Rights
In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company hereby announces that following cancellation of the Remaining Shares it will have 2,061,474,913 ordinary shares of no par value each in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 2,061,474,913.
The above figure of 2,061,474,913 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries: For further information, please visit www.tomcoenergy.uk.com or contact:
TomCo Energy plc Telephone +44 (0) 20 3823 3635 Chris Brown (CEO) chris@tomcoenergy.uk.com Andrew Jones (Chairman) andrew@tomcoenergy.uk.com SP Angel Corporate Finance LLP (Nomad & Broker) Telephone +44 (0) 20 3470 0470 Stuart Gledhill / Richard Hail Tavistock (Financial PR) Telephone +44 (0) 20 7920 3150 Ed Portman/Jos Simson eportman@tavistock.co.uk -------------------------- --------------------------
-ENDS-
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUSVARNVABAUR
(END) Dow Jones Newswires
July 15, 2016 02:30 ET (06:30 GMT)
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