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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| I3 Energy Plc | LSE:I3E | London | Ordinary Share | GB00BDHXPJ60 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.20 | 1.87% | 10.92 | 10.86 | 10.90 | 11.44 | 10.74 | 10.96 | 1,794,672 | 16:35:01 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 208.44M | 41.95M | 0.0349 | 3.12 | 131M |
From May 2019 to May 2024
TIDMI3E
RNS Number : 5766Q
i3 Energy PLC
07 June 2018
i3 Energy plc
("i3" or the "Company")
Loan Conversion
The Company announces that on 5 June 2018, in relation to the Loan Note Agreement as announced on 6 February 2018, it received notice of exercise from James Caird Asset Management ("JCAM") to convert part of the loan with an aggregate par value of US$ 1,000,000, into shares. Following this conversion, the value outstanding on the Loan will be US$ Nil.
i3 has therefore today allotted 1,851,852 ordinary shares to JCAM which will rank pari passu in all respects with the existing ordinary shares.
Application has been made for these new ordinary shares to be admitted to trading on AIM and it is anticipated that trading in such shares will commence on or around 12 June 2018.
Following Admission, the Company's enlarged issued share capital will comprise 39,475,102 ordinary shares. The Company does not hold any shares in treasury. The total voting rights in the Company is therefore 39,475,102 ordinary shares and this figure 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 and Transparency Rules.
CONTACT DETAILS:
i3 Energy plc Neill Carson (CEO) / Graham c/o Camarco Heath (CFO) Tel: +44 (0) 203 757 4980 WH Ireland Limited (Nomad and Joint Broker) James Joyce, James Sinclair-Ford Tel: +44 (0) 207 220 1666 GMP FirstEnergy (Joint Broker) Jonathan Wright, David van Erp Tel: +44 (0) 207 448 0200 Canaccord Genuity Limited (Joint Tel: +44 (0) 207 523 8000 Broker) Henry Fitzgerald- O'Connor, James Asensio Camarco Tel: +44 (0) 203 757 4980 Georgia Edmonds, Jane Glover, James Crothers
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
MSCUGUUWQUPRPPQ
(END) Dow Jones Newswires
June 07, 2018 02:00 ET (06:00 GMT)
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