Business
Issuance of Lender Shares & TVR
Issuance of Lender Shares & TVR.
About this update from Angus Energy Plc
[{"type":"text","content":"\n\nTHE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n18 September 2023\n \nAngus Energy Plc\n(\"Angus Energy\", the \"Company\" or together with its subsidiaries, the \"Group\")\n(AIM:ANGS)\n \n \nIssuance of Lender Shares, TVR And\nAppointment of Company Secretary\n \nIntroduction\n \nFurther to the announcement made by the Company on 3 June 2021, 5,000,000 Lender Shares are to be issued and allotted pursuant to the Saltfleetby Loan Development Facility to the Lenders (or their representatives) at, or around, each anniversary of the Loan Completion (\"Lender Shares\"). Accordingly, such Lender Shares have now been issued and allotted by the Company at a price of 1pence each in respect of the second anniversary.\n \nAdmission to trading of Lender Shares\n \nApplication has been made to the London Stock Exchange for admission of the Lender Shares to trading and it is expected that admission will become effective and dealings in the Lender Shares will commence at 8.00 a.m. on or around 22 September 2023 (\"Admission\").\n \nFollowing the issue of the Lender Shares, the Company has 3,626,860,032 Ordinary Shares in issue, each share carrying the right to one vote.\n \nThe Company does not hold any Ordinary Shares in treasury.\n \nThe above figure of 3,626,860,032 Ordinary Shares 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 to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.\n \nAppointment of Company Secretary\n \nThe Company is also pleased to announce the appointment of Westend Corporate LLP as Company Secretary with immediate effect. The Board wishes to thank Carlos Fernandes for acting as Company Secretary.\n \nEND\n \nFor further information on the Company, please visit www.a...