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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Synergia Energy Ltd | LSE:SYN | London | Ordinary Share | AU0000233538 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.11 | 0.105 | 0.115 | 0.11 | 0.11 | 0.11 | 26,770,126 | 07:46:45 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 1.3M | -5.38M | -0.0006 | -1.83 | 9.26M |
TIDMOEX
RNS Number : 7425U
Oilex Ltd
07 April 2021
ASX-AIM Announcement
7 April 2021
ASX: OEX
AIM: OEX
Re: Issue of Securities
Oilex Ltd (Oilex or the Company) advises that it has issued 234,348,086 new ordinary shares pursuant to the exercise of unlisted options for conversion proceeds of GBP265,125. The options exercised comprise:
-- 204,545,455 new ordinary shares on the conversion of 204,545,455 options at GBP0.0011 pursuant to the Series D loan. The issue of this options class was approved by shareholders on 30 June 2020. There are no remaining options on issue in this class.
-- 14,802,631 new ordinary shares on the conversion of 14,802,631 options at GBP0.0019. The issue of this options class was approved by shareholders on 27 November 2019 and 30 June 2020. There are no remaining options on issue in the class.
-- 15,000,000 new ordinary shares on the conversion of 15,000,000 options at GBP0.0008. There are no remaining options on issue in the class.
The proceeds of the unlisted options will be applied to the repayment of the Series D Loan and the Company's working capital requirements.
Pursuant to conversion of the options, the Company has issued 234,348,086 shares under Listing Rule 7.2 Exception 9.
AIM Admission and Total Voting Rights
Application has been made to the London Stock Exchange plc for the admission of the 234,348,086 new shares (Shares) to trading on AIM (Admission). Admission of the Shares is expected to become effective and dealings to commence at 8.00 a.m. on 13 April 2021. Following Admission of these shares, the Company will have 4,655,766,968 shares in issue. The Company does not currently hold any shares in treasury. Accordingly, the total number of voting rights will be 4,655,766,968.
Section 708A(5)(e) Statement
Pursuant to the issue of the 234,348,086 shares , Oilex gives notice under section 708A(5)(e) of the Corporations Act (Cth) (Act) that:
1) Oilex issued the Shares without disclosure to investors under Part 6D.2 of the Act; 2) As at the date of this notice, Oilex has complied with: a) the provisions of Chapter 2M of the Act as they apply to Oilex; and b) section 674 of the Act; and
3) As at the date of this notice, there is no information that is 'excluded information' within the meaning of sections 708A(7) and 708(8) of the Act.
For and on behalf of Oilex Ltd
Mark Bolton
Executive Director and Company Secretary
For further information, please contact:
Investor Enquires AIM Broker AIM Nominated Media Enquires Oilex Ltd Novum Securities Adviser (UK) Joe Salomon B roker Strand Hanson Vigo Communications Managing Director Colin Rowbury Limited Public Relations Email: oilex@oilex.com.au Email: Nominated Adviser Patrick d'Ancona/Chris Tel: +61 8 9485 crowbury@novumsecurities.co Rory Murphy/Ritchie McMahon 3200 m Balmer Email: Australia Tel: +44 20 7399 Email: patrick.dancona@vigocomms.c 9427 oilex@strandhanson.co.uk om UK Tel: +44 20 7409 chris.mcmahon@vigocomms.com 3494 Tel:+ 44 20 7390 UK 0230 UK
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(END) Dow Jones Newswires
April 07, 2021 12:51 ET (16:51 GMT)
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