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BLOE Block Energy Plc

1.75
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
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
  0.00 0.00% 1.75 1.65 1.85 1.75 1.75 1.75 1,572,546 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Minrls,earths-ground,treated 8.26M -1.61M -0.0024 -7.29 11.91M

Block Energy PLC Issue of Equity (7308Z)

21/05/2019 1:16pm

UK Regulatory


Block Energy (LSE:BLOE)
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From May 2019 to May 2024

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TIDMBLOE

RNS Number : 7308Z

Block Energy PLC

21 May 2019

21 May 2019

Block Energy PLC

("Block Energy" or "the Company")

Issue of Equity

Further to the announcement of 15 May 2019, Block Energy plc (AIM: BLOE), the exploration and production company focused on the Republic of Georgia, confirms that the 42,820,000 Firm Placing Shares have today been allotted. It is expected that the Firm Placing Shares will be admitted to trading on AIM ("First Admission") at 8.00 a.m. on 22 May 2019.

The 66,270,000 Conditional Placing Shares are expected to be allotted following the General Meeting scheduled for 4 June 2019, and it is expected that the Conditional Placing Shares will be admitted to trading on AIM "(Second Admission") at 8.00 a.m. on 5 June 2019.

Total Voting Rights

Following First Admission, the Company's issued share capital will comprise 318,951,218 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.

Capitalised terms used, but not defined, in this announcement have the same meaning as in the 15 May 2019 announcement.

 
 .For further information contact: 
  Paul Haywood            Block Energy          Tel: +44 (0) 20 3053 3631 
    (Chief Executive        Plc 
    Officer) 
   Neil Baldwin            Spark Advisory        Tel: +44 (0) 20 3368 3554 
    (Nominated Adviser)     Partners Limited 
   Peter Krens (Broker)    Mirabaud Securities   Tel: +44 (0) 20 7878 3362 
 
   Frank Buhagiar/Juliet   St Brides             Tel: +44 (0) 20 7236 1177 
    Earl                    Partners Ltd 
    (Financial PR) 
 
 
 
 
 
 
 

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 21, 2019 08:16 ET (12:16 GMT)

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