Share Name Share Symbol Market Type Share ISIN Share Description
Range Resources Limited LSE:RRL London Ordinary Share AU000000RRS3 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0075 23.08% 0.04 0.035 0.045 0.045 0.035 0.035 62,843,371 09:49:36
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 7.3 -9.0 -0.1 - 4

Range Resources Limited Subscription update

13/09/2019 11:19am

UK Regulatory (RNS & others)


Range Resources (LSE:RRL)
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2 Months : From Aug 2019 to Oct 2019

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TIDMRRL

RNS Number : 2993M

Range Resources Limited

13 September 2019

Range Resources Limited

('Range' or 'the Company')

13 September 2019

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.

SUBSCRIPTION UPDATE

As announced on 9 September 2019, the Company signed a subscription agreement to raise approximately GBP750,000.

The Company is required to lodge a cleansing prospectus ("Prospectus") with the Australian Securities and Investments Commission pursuant to section 708A(11) of the Corporations Act 2001. It is now expected that the Prospectus and the subscription shares will be issued on or about 19 September 2019, subject to receipt of cleared funds.

Application will be made to the London Stock Exchange for the subscription shares to be admitted to trading on AIM which is expected to become effective, and dealings are expected to commence once the Prospectus is issued.

The Company will make a further announcement on publication of the Prospectus or should there be any change to the timing expectation set out in this announcement.

 
 
   Contact details 
                                         Cantor Fitzgerald Europe (Nominated 
   Range Resources Limited                Adviser and Broker) 
   Evgenia Bezruchko (Group Corporate     David Porter / Rick Thompson (Corporate 
   Development Manager & Joint Company    Finance) 
   Secretary)                             t. +44 (0)20 7894 7000 
   e. admin@rangeresources.co.uk 
   t. +44 (0)20 3865 8430 
 

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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September 13, 2019 06:19 ET (10:19 GMT)

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