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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Echo Energy Plc | LSE:ECHO | London | Ordinary Share | GB00BF0YPG76 | ORD 0.0001P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0031 | 0.003 | 0.0032 | 0.0031 | 0.0031 | 0.0031 | 67,087,555 | 07:42:15 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Drilling Oil And Gas Wells | 14.11M | -9.59M | -0.0017 | 0.00 | 0 |
TIDMIRG
RNS Number : 8034Y
Independent Resources PLC
08 March 2017
FOR IMMEDIATE RELEASE
Independent Resources plc
("IRG" or the "Company")
Holding(s) in Company & Update on the Open Offer
The Company announces that on 07 March 2017 it was notified by Sanderson Capital Partners that they no longer hold a notifiable interest in the Company.
Update on the Open Offer
Further to the announcement of 6 March 2017, the Company is continuing to prepare the documentation in support of the Open Offer which, when it is made, is intended to raise approximately GBP1.5 million. Further details of the Open Offer, including the Ex-entitlement Date for the Open Offer, shall be announced shortly when the Open Offer is formally launched. In the meantime however, the Company can confirm that investors purchasing shares in the open market before then will be given the opportunity to participate in the Open Offer.
As mentioned, the Open Offer shares will be priced at 0.065 pence per new share which is the same price as the institutional investment, thereby enabling shareholders to subscribe at an identical price to the cornerstone investor.
For more information, please visit www.ir-plc.com or contact:
For more information, please visit www.ir-plc.com or contact:
Greg Coleman Independent Resources plc 020 7070 0447 John Treacy ZAI Corporate Finance Ltd. 020 7060 2220 Jamie Spotswood (Nominated Adviser) Oliver Stansfield Brandon Hill Capital Jonathan Evans (Broker) 020 3463 5000 Simon Hudson Tavistock Communications 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLLFFSLVLIDIID
(END) Dow Jones Newswires
March 08, 2017 02:01 ET (07:01 GMT)
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