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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cue Energy | LSE:CUE | London | Ordinary Share | GB00B1803980 | ORD 0.07P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.175 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:1738Q Cue Energy Plc 14 March 2008 Cue Energy plc ("Cue" or "the Company") Result of EGM, Application for New Shares to be admitted to AIM and Substantial Shareholders The Directors of Cue are pleased to announce that the resolutions proposed at the Extraordinary General Meeting, held today, and set out in the Notice of Extraordinary General Meeting dated 21 February 2008, were duly passed. As a result, the Company has issued 50,000,000 new Ordinary shares to the shareholders of Oreion Energy Australia Pty Ltd ("Oreion") (the "Consideration Shares") in consideration for the acquisition of the entire issued share capital of Oreion. The Consideration Shares will represent approximately 18% of the total issued enlarged share capital of the Company (280,207,901 Ordinary shares). Application has been made for the Consideration Shares, ranking pari passu with the Company's existing Ordinary shares, to be admitted to trading on AIM. Admission is expected to occur on Thursday 20 March 2008. After the issue of the Consideration Shares, the following shareholders are interested in 3% or more of the Company's issued share capital: +--------------------------------------+--------------------+------------------+ | Substantial Shareholder | Ordinary shares of | Percentage of | | | £0.07 each | issued share | | | | capital | +--------------------------------------+--------------------+------------------+ |SPGP | 23,000,000 | 8.21% | +--------------------------------------+--------------------+------------------+ |Seapoint Investments Limited | 18,500,000 | 6.6% | +--------------------------------------+--------------------+------------------+ |Etchell Capital Pty Ltd | 15,000,000 | 5.35% | +--------------------------------------+--------------------+------------------+ |Resource Finance Services Limited | 14,195,429 | 5.07% | +--------------------------------------+--------------------+------------------+ |CopperTree Mustang Fund | 11,626,000 | 4.15% | +--------------------------------------+--------------------+------------------+ |Malcolm James | 10,630,989 | 3.79% | +--------------------------------------+--------------------+------------------+ |Malbros Investments Pty Ltd | 10,000,000 | 3.57% | +--------------------------------------+--------------------+------------------+ For further information: Cue Energy plc Toby Howell / Gregory Kuenzel Tel: +44 (0)20 7182 1748 www.cueenergy.co.uk HB Corporate Edward Hutton Tel: +44 (0) 20 7510 8600 This information is provided by RNS The company news service from the London Stock Exchange END REGFGGMFKDGGRZM
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