Business
Exercise of Warrants
Exercise of Warrants.
About this update from Block Energy Plc
[{"type":"text","content":"\n \nRNS Number : 1730C Block Energy PLC 13 June 2019 \n\nBlock Energy Plc\n(the \"Company\")\n13 June 2019\nExercise of Warrants\n \nBlock Energy Plc announces that it has today allotted 275,674 new ordinary shares of 0.25 pence each in the Company (\"Ordinary Shares\") pursuant to the exercise of warrant. Application has been made for the admission to trading on AIM (\"Admission\") for the new Ordinary Shares. The options exercised had an exercise price of 4 pence, and amount in aggregate to £11,026.96. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. Admission of the new Ordinary Shares is expected on or around 19 June 2019.\n \nFollowing Admission, the Company's issued share capital will comprise 389,064,667 Ordinary Shares which 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 in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. The Company does not hold any shares in treasury. \n \nFor more information, contact: \n\n\n\nPaul Haywood\n(Chief Executive Officer)\n \n \n\n\nBlock Energy Plc\n\n\nTel: +44 (0) 203 053 3631\n\n\n\n\nNeil Baldwin\n(Nominated Adviser)\n \n \n\n\nSpark Advisory Partners Limited\n\n\nTel: +44 (0) 203 368 3554\n\n\n\n\nPeter Krens\n(Broker)\n \n \n\n\nMirabaud Securities Limited\n\n\nTel: +44 (0) 203 167 7221\n\n\n\n\nFrank Buhagiar/Juliet Earl\n(Financial PR)\n \n\n\nSt Brides Partners Ltd\n\n\nTel: +44 (0) 207 236 1177\n\n\n\n \nNOTES TO EDITORS \nAbout Block Energy \nBlock Energy (BLOE.L) is an AIM quoted oil and gas company with a growing portfolio of production, development and exploration assets in the Republic of Georgia. Block holds a 100% WI in the producing Norio licence, a 90% WI in the producing Satskhenisi licence and a 71.5% WI in the West Rustavi licence, with an agreement to take a 100% WI.\n \nFor more information see www.blockenergy.co.uk \n \n\nThis 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. ...