REG - 88 Energy Limited - Issue of Equity
RNS Number : 4110R88 Energy Limited30 June 202030 June 2020
88 ENERGY LIMITED
Issue of Equity
88 Energy Limited ("88E" or the "Company") confirms that it has issued a further 314,755,458 fully paid ordinary shares (the "New Ordinary Shares") in the Company in relation to the recommended off-market takeover offers (the "Offers") for all of the ordinary shares and listed options in XCD Energy Limited (ASX: XCD) ("XCD Energy"). The New Ordinary Shares have been issued in respect of acceptances received after the Offers being declared unconditional on 18 June 2020 and prior to the first closing of the Offers on 25 June 2020.
Application has been made for admission of the New Ordinary Shares issued to trading on AIM on 1 July 2020. Following the issue of all the New Ordinary Shares, which rank pari passu to the existing ordinary shares in the Company, the Company has 8,515,528,981 ordinary shares in issue, all of which have voting rights.
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88 Energy Ltd
Dave Wall, Managing Director
Tel: +61 8 9485 0990
Email: admin@88energy.com
Finlay Thomson, Investor Relations
Tel: +44 7976 248471
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Dale Bryan
Tel: + 61 8 9268 2829
Cenkos Securities
Neil McDonald/Derrick Lee
Tel: + 44 131 220 6939
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