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Share Name Share Symbol Market Type Share ISIN Share Description
Lansdowne Oil & Gas Plc LSE:LOGP London Ordinary Share GB00B1250X28 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.475 0.45 0.50 0.475 0.475 0.475 237,437 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -0.4 -0.1 - 4

Lansdowne Oil & Gas plc Exercise of Warrants

07/12/2020 5:09pm

UK Regulatory (RNS & others)


Lansdowne Oil & Gas (LSE:LOGP)
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RNS Number : 8294H

Lansdowne Oil & Gas plc

07 December 2020

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. If you have any queries on this, then please contact Steve Boldy, the Chief Executive Officer of the Company (responsible for arranging release of this announcement).

07 December 2020

Lansdowne Oil & Gas plc

("Lansdowne" or the "Company")

Exercise of Warrants

Lansdowne Oil & Gas plc (AIM: LOGP), the North Celtic Sea focused, oil and gas company, announces that it has received notice of the exercise of warrants over 2,500,000 new ordinary shares of 0.1 pence each in the Company ("New Ordinary Shares") at an exercise of 1.2 pence each raising GBP30,000 for the Company. The warrants were issued as part of the fundraising in February 2020.

Application will be made to the London Stock Exchange for the 2,500,000 New Ordinary Shares to be admitted to trading on AIM. It is expected that admission to trading ("Admission") will become effective and that dealings in the New Ordinary Shares will commence on AIM at 8.00 a.m. on or around 11 December 2020.

The New Ordinary Shares will be issued and credited as fully paid and will rank on Admission pari passu in all respects with each other and with the existing Ordinary Shares in the Company. The total issued share capital of the Company, as increased by the New Ordinary Shares, will be 870,285,004 Ordinary Shares.

For further information please contact:

 
 Lansdowne Oil & Gas plc                    +353 1 963 1760 
 Steve Boldy 
 
 SP Angel Corporate Finance LLP        +44 (0) 20 3470 0470 
 Nominated Adviser and Joint Broker 
 Stuart Gledhill 
 Richard Hail 
 
 
 Brandon Hill Capital                  +44 (0) 20 3463 5061 
 Joint Broker 
 Oliver Stansfield 
 

Notes to editors:

About Lansdowne

Lansdowne Oil & Gas (LOGP.LN) is a North Celtic Sea focused, oil and gas exploration and appraisal company quoted on the AIM market and head quartered in Dublin.

For more information on Lansdowne, please refer to www.lansdowneoilandgas.com .

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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December 07, 2020 12:09 ET (17:09 GMT)

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