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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Block Energy Plc | LSE:BLOE | London | Ordinary Share | GB00BF3TBT48 | ORD SHS GBP0.0025 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.10 | 5.97% | 1.775 | 1.70 | 1.85 | 1.975 | 1.675 | 1.675 | 10,466,451 | 16:08:03 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Minrls,earths-ground,treated | 8.26M | -1.61M | -0.0024 | -7.38 | 12.04M |
TIDMBLOE
RNS Number : 0212A
Block Energy PLC
23 May 2019
Block Energy Plc
(the "Company")
23 May 2019
Exercise of Options
Block Energy Plc announces that it has today allotted 1,723,650 new ordinary shares of 0.25 pence each in the Company ("Ordinary Shares") pursuant to the exercise of options by a former director. Application has been made for the admission to trading on AIM ("Admission") for the new Ordinary Shares. The options exercised had an exercise price of 4 pence, and amount in aggregate to GBP68,946. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. Admission of the new Ordinary Shares is expected on or around 30 May 2019.
Following Admission, the Company's issued share capital will comprise 320,674,868 Ordinary Shares which 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 Guidance and Transparency Rules. The Company does not hold any shares in treasury.
For more information, contact:
Paul Haywood Block Energy Plc Tel: +44 (0) 203 053 (Chief Executive Officer) 3631 Neil Baldwin Spark Advisory Partners Tel: +44 (0) 203 368 (Nominated Adviser) Limited 3554 Peter Krens Mirabaud Securities Limited Tel: +44 (0) 203 167 (Broker) 7221 Frank Buhagiar/Juliet Earl St Brides Partners Ltd Tel: +44 (0) 207 236 (Financial PR) 1177
NOTES TO EDITORS
About Block Energy
Block Energy (BLOE.L) is an AIM quoted oil and gas company with a growing portfolio of production, development and exploration assets in the Republic of Georgia. Block holds a 100% WI in the producing Norio licence, a 90% WI in the producing Satskhenisi licence and a 71.5% WI in the West Rustavi licence, with an agreement to take a 100% WI.
For more information see www.blockenergy.co.uk
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
May 23, 2019 07:32 ET (11:32 GMT)
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