REG - Tlou Energy Ltd - Issue of Shares and Total Voting Rights

TLOU EnergyAnnouncement

25/01/2023 11:45

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RNS Number : 8503N  Tlou Energy Ltd  25 January 2023

25 January 2023

 

Tlou Energy Limited

("Tlou" or "the Company")

 

Issue of Shares and Total Voting Rights

 

 

Pursuant to the placement announced on 15 December 2022, and following
shareholder approval at the Company's general meeting on 18 January 2023, Tlou
Energy Limited (AIM:TLOU) advises that 87,653,278 new ordinary shares ("New
Shares") will be admitted to trading on AIM on or around 26 January 2023.

Directors have subscribed for New Shares as follows:

 Director       Number of shares subscribed  Resultant holding  Percentage of the enlarged issued share capital.
 Martin McIver  285,714                      1,097,816          0.13%
 Anthony Gilby  6,510,420                    41,000,000         4.94%
 Colm Cloonan   1,428,572                    3,359,684          0.40%
 Hugh Swire     1,000,000                    11,065,921         1.33%

 

Total voting rights

Following the issue of the New Shares, the Company's enlarged share capital
will comprise 830,715,710 ordinary shares of no par value. 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.

****

 

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

 Zeus Capital (UK Broker)                         +44 (0)20 3829 5000
 Simon Johnson

 Public Relations
 Ashley Seller                                    +61 418 556 875

 

About Tlou

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

 

 

Notification of Transactions of Persons Discharging Managerial Responsibility
and Persons Closely Associated with them

 1    Details of the person discharging managerial responsibility / person closely
      associated

 a)   Name                                     Colm Cloonan
 2    Reason for the notification

 a)   Position/status                          Finance Director

 b)   Initial notification/amendment           Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor

 a)   Name                                     Tlou Energy Limited

 b)   LEI   213800SHI2BVAY1A4L52

 4  Details of the transaction(s): section to be repeated for (i) each type of
    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
    place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument   Ordinary shares of no par value each in the capital of the Company

      Identification code                                           Ordinary share ISIN: AU000000TOU2

 b)   Nature of transaction                                         Purchase of new ordinary shares pursuant to a placing

 c)   Price(s) and volume(s)                                        Price(s)                            Volume(s)
      Ordinary Shares issued for A$0.035                                                                1,428,572

 d)   Aggregated information

      Aggregated volume

      Price

 e)   Date of transaction                                           25 January 2023

 f)   Place of transaction                                          Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibility / person closely
      associated

 a)   Name                                     Anthony Gilby
 2    Reason for the notification

 a)   Position/status                          Chief Executive Officer

 b)   Initial notification/amendment           Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor

 a)   Name                                     Tlou Energy Limited

 b)   LEI   213800SHI2BVAY1A4L52

 4  Details of the transaction(s): section to be repeated for (i) each type of
    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
    place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument   Ordinary shares of no par value each in the capital of the Company

      Identification code                                           Ordinary share ISIN: AU000000TOU2

 b)   Nature of transaction                                         Purchase of new ordinary shares pursuant to a placing

 c)   Price(s) and volume(s)                                        Price(s)                            Volume(s)
      Ordinary Shares issued for A$0.035                                                                6,510,420

 d)   Aggregated information

      Aggregated volume

      Price

 e)   Date of transaction                                           25 January 2023

 f)   Place of transaction                                          Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibility / person closely
      associated

 a)   Name                                     Martin McIver
 2    Reason for the notification

 a)   Position/status                          Chair

 b)   Initial notification/amendment           Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor

 a)   Name                                     Tlou Energy Limited

 b)   LEI   213800SHI2BVAY1A4L52

 4  Details of the transaction(s): section to be repeated for (i) each type of
    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
    place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument   Ordinary shares of no par value each in the capital of the Company

      Identification code                                           Ordinary share ISIN: AU000000TOU2

 b)   Nature of transaction                                         Purchase of new ordinary shares pursuant to a placing

 c)   Price(s) and volume(s)                                        Price(s)                            Volume(s)
      Ordinary Shares issued for A$0.035                                                                285,714

 d)   Aggregated information

      Aggregated volume

      Price

 e)   Date of transaction                                           25 January 2023

 f)   Place of transaction                                          Outside a trading venue

 

 1    Details of the person discharging managerial responsibility / person closely
      associated

 a)   Name                                     Hugh Swire
 2    Reason for the notification

 a)   Position/status                          Non-Executive Director

 b)   Initial notification/amendment           Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor

 a)   Name                                     Tlou Energy Limited

 b)   LEI   213800SHI2BVAY1A4L52

 4  Details of the transaction(s): section to be repeated for (i) each type of
    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
    place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument   Ordinary shares of no par value each in the capital of the Company

      Identification code                                           Ordinary share ISIN: AU000000TOU2

 b)   Nature of transaction                                         Purchase of new ordinary shares pursuant to a placing

 c)   Price(s) and volume(s)                                        Price(s)                            Volume(s)
      Ordinary Shares issued for A$0.035                                                                1,000,000

 d)   Aggregated information

      Aggregated volume

      Price

 e)   Date of transaction                                           25 January 2023

 f)   Place of transaction                                          Outside a trading venue

 

 

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