Business
Exercise of warrants/Total Vo
Exercise of warrants/Total Vo.
About this update from Caspian Sunrise Plc
[{"type":"text","content":"\n RNS Number : 6489J Roxi Petroleum Plc 01 April 2010 \n \n\n\n\n\n\nFor immediate release\n\n\n1 April 2010\n\n\n\n\n \nRoxi Petroleum (\"Roxi\" or \"the Company\")\n \nExercise of warrants\n \nRoxi was notified on 31 March 2010 that Altius Energy Limited (formerly Arawak Energy Limited) has exercised a further 1.6 million warrants at a price of 10 p per share, for an aggregate consideration of £160,000. Consequently, Altius's shareholding in Roxi has increased from 23,168,721 to 24,768,721, representing 5.9 per cent. of Roxi's issued share capital.\n \nTotal Voting Rights\n \nIn line with the Financial Services Authority's Disclosure and Transparency Rules, as at 31 March 2010, including the matters referred to in this announcement, the Company's total issued share capital is 420,818,386 ordinary shares of 1p each.\n \nRoxi does not hold any shares in treasury.\n \nTherefore, the total number of voting rights in Roxi is 420,818,386 which may be used by shareholders 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 Roxi under the FSA's Disclosure and Transparency Rules.\n \n \n \n \n \nEnquiries\n\n\n\n\nRoxi Petroleum plc\nDavid Wilkes CEO\n\n\n \n+7 727 244 0920\n\n\n\n\n \n\n\n \n\n\n\n\nBuchanan Communications (Financial PR)\nTim Thompson / Ben Romney\n\n\n \n+44 207 466 5000\n\n\n\n\n\n \n\n\n\n\n Matrix Corporate Capital LLP (NOMAD and broker) \nAlastair Stratton / Anu Tayal\n\n\n \n+44 203 206 7000\n\n\n\n\n \nAbout Roxi\nRoxi Petroleum was admitted to the London Stock Exchange AIM on 22 May 2007 with intent to acquire controlling interests in and develop oil and gas assets in Central Asia. Roxi's strategy is to target oil discoveries and mature exploration acreage which have reserves and production upside. This strategy has allowed the Company to rapidly acquire a number of excellent exploration and development assets in Western and Central Kazakhstan, covering a combined area of 1,880 km2. These assets have, upon acquisition, significant reserves under the Kazakh Government's reserve classifications of C1+C2+C3. It is Ro...