Block Energy plc (AIM: BLOE), the exploration and production company focused on the Republic of Georgia, is pleased to announce that, at the GM held earlier today, all resolutions were passed.
The Company confirms that the 66,270,000 Conditional Placing Shares have today been allotted. It is expected that the Conditional Placing Shares will be admitted to trading on AIM ("Admission") at 8.00 a.m. on 5 June 2019.
Total Voting Rights
Following Admission, the Company's issued share capital will comprise 386,944,868 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.
Capitalised terms used, but not defined, in this announcement have the same meaning as in the 15 May 2019 announcement.
For further information contact:
(Chief Executive Officer)
Block Energy Plc
Tel: +44 (0) 20 3053 3631
Spark Advisory Partners Limited
Tel: +44 (0) 20 3368 3554
Peter Krens (Broker)
Mirabaud Securities Limited
Tel: +44 (0) 20 3167 7221
Frank Buhagiar/Juliet Earl
St Brides Partners Ltd
Tel: +44 (0) 20 7236 1177
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Headlines from Proactive UK newsroom.
Block Energy (LON:BLOE) has completed a critical phase of the sidetrack programme at its WR-38Z well on the West Rustavi field in Georgia. New casing has been cemented through the build section of the well, which will prevent fluid incursion into the...