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REG - Contango HoldingsPLC - Issue of Equity

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RNS Number : 9843F  Contango Holdings PLC  25 March 2022

Contango Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural Resources

 

25 March 2022

Contango Holdings Plc

('Contango' or the 'Company')

 

Issue of Equity

 

Contango Holdings Plc, the London listed natural resource development company,
announces that it has issued 242,424 shares ("New Ordinary Shares") in lieu of
services of £20,000 provided by a service provider that has elected to be
paid in equity. The shares were issued at 8.25p each.

 

An application has been made for the New Ordinary Shares to be admitted to
trading on the official list and the London Stock Exchange with effect from
8.00 a.m. on Wednesday 30 March 2022 ("Admission").

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the
Company confirms that following Admission, the Company's enlarged issued
ordinary share capital will comprise 309,667,356 Ordinary Shares. The Company
does not hold any Ordinary Shares in Treasury. Therefore, following Admission,
the above figure may be used by shareholders in the Company as the denominator
for the calculations to determine if they are required to notify their
interest in, or a change to their interest in the Company, under the FCA's
Disclosure Guidance and Transparency Rules.

 

**ENDS**

 

For further information, please visit www.contango-holdings-plc.co.uk or
contact:

 

 Contango Holdings plc                   E: contango@stbridespartners.co.uk

 Chief Executive Officer

 Carl Esprey

 Tavira Securities Limited               T: +44 (0)20 7100 5100

 Financial Adviser & Broker

 Jonathan Evans

 St Brides Partners Ltd                  T: +44 (0)20 7236 1177

 Financial PR & Investor Relations

 Susie Geliher / Charlotte Page

 

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