REG - Tower Resources PLC - Total Voting Rights

Tower ResourcesAnnouncement

29/02/2024 07:00

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RNS Number : 8457E  Tower Resources PLC  29 February 2024

29 February 2024

 

Tower Resources plc

("Tower" or the "Company")

Total Voting Rights

 

Tower Resources plc (AIM: TRP), the Africa-focused energy company, announces,
for the purposes of the FCA's Disclosure and Transparency Rules, that the
total issued share capital of the Company consists of 14,350,685,250 ordinary
shares of 0.001 pence each with voting rights.

The total number of voting rights in the Company is 14,350,685,250 and this
figure 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 the interest in, the share capital of the Company.

Please note that this figure does not include the 2,287,500,000 Second Tranche
Subscription Shares which are due to admit to trading on AIM on or around 8
March 2024. Following admission of these shares, the total number of voting
rights in the Company will be 16,638,185,250 as set out in the Repayment of
EECP Facility and Subscription to raise £600,000 announcement dated 15
February 2024.

 

Contacts:

 

 Tower Resources plc                  +44 20 7157 9625

 Jeremy Asher

 Chairman & CEO

 Andrew Matharu

 VP - Corporate Affairs

 BlytheRay                            +44 20 7138 3208

 Financial PR

 Tim Blythe

 Megan Ray

 SP Angel Corporate Finance LLP       +44 20 3470 0470

Nominated Adviser and Joint Broker

 Stuart Gledhill

 Caroline Rowe

 Kasia Brzozowska

 Axis Capital Markets Limited         +44 203 026 2689

Joint Broker

 Richard Hutchison

 Panmure Gordon (UK) Limited          +44 20 7886 2500

Joint Broker

 John Prior

 Hugh Rich

 Novum Securities Ltd                 +44 20 7399 9400

Joint Broker

 Jon Bellis

 Colin Rowbury

About Tower Resources

Tower Resources plc is an AIM listed energy company building a balanced
portfolio of energy opportunities in Africa across the exploration and
production cycle in oil and gas and beyond. The Company's current focus is on
advancing its operations in Cameroon to deliver cash flow through short-cycle
development and rapid production with long term upside, and de-risking
attractive exploration licenses through acquiring 3D seismic data in the
emerging oil and gas provinces of Namibia and South Africa, where world-class
discoveries have recently been made.

 

Tower's strategy is centred around stable jurisdictions that the Company knows
well and that offer excellent fiscal terms. Through its Directors, staff and
strategic relationship with EPI Group, Tower has access to decades of
expertise and experience in Cameroon and Namibia, and its joint venture with
New Age builds on years of experience in South Africa.

 

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