Business
Admission to trading and first day of dealings
Admission to trading and first day of dealings.
About this update from Coro Energy Plc
[{"type":"text","content":"\n \nRNS Number : 1769K Coro Energy PLC 09 April 2018 \n\n \n \n \n \n \n9 April 2018\n \nCoro Energy plc\n \n(\"Coro Energy\" or the \"Company\")\n \nAdmission to trading on AIM and first day of dealings\nCoro Energy plc, formerly Saffron Energy plc, the pan Euro-Asian gas explorer, is pleased to announce the admission to trading on the AIM market of London Stock Exchange plc this morning of its entire issued share capital, as enlarged by the acquisition of Sound Energy Holdings Italy Limited and the £14 million fundraising originally announced on 22 January 2018.\nThe Company will have 716,809,435 ordinary shares of 0.1p each (\"Ordinary Shares\") on admission and a market capitalisation of approximately £30 million based on the anticipated opening price of 4.10p per Ordinary Share. In addition there are 261,817,341 warrants and options to subscribe for Ordinary Shares at a price of 4.38p per share.\nDealings will commence at 08.00 this morning under the ticker \"Coro\".\nFurther information about the Company, including its Supplementary AIM Admission Document published on 7 March 2018, can be viewed at its website www.coroenergyplc.com.\n \n\n\n\n\n\n\n\n\n\n\n\n\nSaffron Energy plc / Coro Energy plc\n \nSara Edmonson, Chief Executive Officer\n \nJames Parsons, Non-Executive Chairman\n \n\n\n \[email protected]\n \[email protected]\n \n\n\n\n\n\n\n\n\n\n\n\n\nGrant Thornton UK LLP (Financial and Nominated Adviser)\nColin Aaronson/Jen Clarke/Harrison J Clarke\n \n\n\nTel: +44 (0)20 383 5100\n\n\n\n\nTurner Pope Investments (TPI) Ltd (Broker)\n \nBen Turner/James Pope\n\n\nTel: +44 (0)20 3621 4120\n \[email protected] \n \n\n\n\n\n \nThe information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUNVVRWRASRAR\n ","length":5017,"tagName":"div"}]