Business
Additional Listing and Completion of Disposals
Additional Listing and Completion of Disposals.
About this update from Star Energy Group Plc
[{"type":"text","content":"\n \nRNS Number : 0785Y Igas Energy PLC 12 May 2016 \n\n \n \n \n12 May 2016\n \nIGas Energy plc (\"IGas\" or the \"Company\")\nAdditional Listing and Completion of Indonesian Disposals\n \nIGas announces that it has made an application to the London Stock Exchange for an additional listing of 1,767,220 Ordinary Shares of 10 pence each to trade on the AIM market of London Stock Exchange. These shares are being listed in connection with the disposal of the Company's interest in Sangatta West CBM Inc under a Share Transfer Agreement with Ephindo International CBM Holding Inc. Completion is expected to take place on 13 May 2016 and upon completion IGas will have disposed of its remaining interest in Indonesia.\n \n \nThe new Ordinary Shares will rank equally with the existing Ordinary Shares of the Company. It is expected that admission will become effective on 13 May 2016. \n \nFollowing this allotment, the issued ordinary share capital of the Company has increased to 301,828,772 Ordinary Shares of 10 pence each with voting rights, which figure 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 IGas under the Financial Conduct Authority's Disclosure and Transparency Rules.\n \n \n \n \nENQUIRIES\nFor further information please contact:\nIGas Energy plc Tel: +44 (0)20 7993 9899\nStephen Bowler, Chief Executive Officer\nJulian Tedder, Chief Financial Officer\nAnn-marie Wilkinson, Director of Corporate Affairs\n \nJefferies International ...