Exercise of Warrants & Total Voting Rights

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[{"type":"text","content":"\n \n02 June 2016     \n\nAndalas Energy and Power Plc\n\n(“ADL” or the “Company”)\n\nExercise of Warrants & Total Voting Rights\n\nAndalas Energy and Power Plc, the AIM traded Indonesian focused oil and gas exploration company, has received notification from certain warrant holders to subscribe for 12,007,661 new ordinary shares in the Company (\"the Bonus Warrant Share\") at a price of 0.2 pence per bonus Warrant Share.  In aggregate, the exercise of the bonus warrants amounts to a cash value of £24,015.30.\n\nThe Bonus Warrant Shares are expected to be admitted to trading on AIM on or about 7 June 2016 and will rank pari passu with the ordinary shares of the Company in issue.\n\nTotal voting rights\n\nThe Company's total issued capital, after the issue of the bonus Warrant Shares, will be 2,429,544,727 ordinary shares.  As the Company does not hold any shares in Treasury, 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 to their interest in, the share capital of the Company following Admission.\n\n**ENDS**\n\nFor further information, please contact:\n\n\n\nDavid Whitby\nAndalas Energy and Power Plc\nTel: +62 21 2783 2316\n\n\n\nSarah WharryCraig Francis\nCantor Fitzgerald Europe(Nominated Adviser and Joint Broker)\nTel: +44 20 7894 7000\n\n\n\nLucy WilliamsCharles Goodfellow\nPeterhouse Corporate FinanceLimited (Joint Broker)\nTel: +44  20 7469 0930\n\n\n\nColin Rowbury\nCornhill Capital (Joint Broker)\nTel: +44  20 7710 9610\n\n\n\nFrank BuhagiarSusie Geliher\nSt Brides Partners Limited\nTel: +44  20 7236 1177\n\n\n\n ","length":2849,"tagName":"div"}]

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