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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ades International Holding Plc | LSE:ADES | London | Ordinary Share | AEDFXA1EN018 | ORD USD1.00 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 12.35 | 12.00 | 12.70 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMADES
RNS Number : 6103C
ADES International Holding
01 October 2018
ADES International Holding Ltd
Admission of Ordinary Shares
(London & Dubai, 1 October 2018) ADES International Holding Ltd. ("ADES" or the "Company") (LON: ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, announces that further to the issue of shares to Nabors Industries Ltd in connection with the acquisition of three operating offshore jack-up rigs in the Arabian Gulf, an application has been made to the UK Listing Authority for the admission of 1,590,852 ordinary shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities. Admission is expected to commence on 4 October 2018. The additional ordinary shares rank pari passu in all respects with the existing ordinary shares in issue.
Following the issue of the ordinary shares to Nabors in June 2018, the share capital of the Company consists of 43,793,882 ordinary shares. Therefore the total number of voting rights in the Company is 43,793,882 which may be used by shareholders or other persons as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
-Ends-
Enquiries
ADES International Holding Hussein Badawy Investor ir@adesgroup.com Relations Officer T: +2 (0)2 2527 7111 Instinctif +44 (0)20 7457 David Simonson david.simonson@instinctif.com 2020 +44 (0)20 7457 George Yeomans george.yeomans@instinctif.com 2020 +44 (0)20 7457 Sarah Hourahane sarah.hourahane@instinctif.com 2020
NOTES TO EDITORS
About ADES International Holding
ADES International Holding extends oil and gas drilling and production services through its subsidiaries and is a leading service provider in the Middle East and Africa, offering onshore contract drilling as well as workover and production services. Its over 1,600 employees serve clients including major national oil companies ("NOCs") such as Saudi Aramco and Sonatrach as well as joint ventures of NOCs with global majors including BP and Eni. While maintaining a superior health, safety and environmental record, the Group currently has a fleet of thirteen jack-up offshore drilling rigs, three onshore drilling rigs, a jack-up barge, and a mobile offshore production unit ("MOPU"), which includes a floating storage and offloading unit. For more information, visit investors.adihgroup.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
October 02, 2018 02:00 ET (06:00 GMT)
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