REG - Tlou Energy Ltd - Issue of Equity

TLOU EnergyAnnouncement

13/07/2022 09:45

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RNS Number : 3205S  Tlou Energy Ltd  13 July 2022

13 July 2022

 

Tlou Energy Limited

("Tlou" or "the Company")

 

Issue of shares

 

The Company announces it has issued 6,250 ordinary shares of no par value
("Ordinary Shares") following conversion of options at a price of AUD $0.08
per Ordinary Share.

 

Application has been made for the 6,250 new Ordinary Shares to be admitted to
trading on AIM with admission expected to take place on, or around, 18 July
2022.

 

Following admission, the Company's enlarged share capital will comprise
600,205,289 Ordinary Shares.  No shares are held in Treasury. Therefore, the
total number of Ordinary Shares with voting rights is 600,205,289. This 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, the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.

 

 

 

By Authority of the Board of Directors

Mr. Anthony Gilby

Managing Director

****

 

For further information regarding this announcement please contact:

 Tlou Energy Limited                               +61 7 3040 9084
 Tony Gilby, Managing Director
 Solomon Rowland, General Manager

 Grant Thornton (Nominated Adviser)                +44 (0)20 7383 5100
 Harrison Clarke, Colin Aaronson, Ciara Donnelly

 Arden Partners (UK Broker)                        +44 (0) 20 7614 5900
 Simon Johnson, Antonio Bossi

 Public Relations
 Ashley Seller                                     +61 418 556 875

 

About Tlou

Tlou is developing energy solutions in Sub-Saharan Africa through gas-fired
power, solar power and hydrogen projects. The Company is listed on the ASX
(Australia), AIM (UK) and the BSE (Botswana). The Lesedi Power Project
("Lesedi") is 100% owned and is the Company's most advanced.  Tlou's
competitive advantages include our ability to drill cost effectively for gas,
our operational experience and Lesedi's strategic location in relation to
energy customers. All major government approvals have been achieved.

 

 

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