TIDMSYN

RNS Number : 6697I

Synergia Energy Ltd

08 August 2023

RNS Announcement

8 August 2023

AIM: SYN

Placement - Issue of Securities and TVR

Further to Synergia Energy Ltd's (Synergia or the Company) announcement on 25 July 2023, advising of an equity capital raising of GBP775,000 before expenses, to fund the completion of the Cambay 77H well workover, the Company is pleased to announce it has issued 704,545,454 new fully paid ordinary shares (Placement Shares) at GBP 0.11 pence per share (Placement). The Placement has therefore now completed.

AIM Admission and Total Voting Rights

Application has been made to the London Stock Exchange plc for the admission of 704,545,454 Shares to trade on AIM (Admission), which is expected to take effect on or around Monday 14 August 2023. Following Admission, the Company will have 9,122,336,158 shares on issue. The Company does not currently hold any shares in treasury. Accordingly, the total number of voting rights will be 9,122,336,158.

For and on behalf of Synergia Energy Limited

Roland Wessel

CEO

For further information, please contact:

 
 Investor                    AIM Joint         AIM Joint                   AIM Nominated     Media Enquires 
 Enquires                     Broker           Broker                       Adviser          (UK) 
 Synergia                     Panmure Gordon   Novum Securities             Strand Hanson    Vigo Consulting 
 Energy Ltd                   (UK) Ltd         Broker                       Limited          Investor Relations 
 Briana Stayt                 Broker           Colin Rowbury                Nominated        Patrick d'Ancona 
 Investor Relations           John Prior       Email:                       Adviser          / Finlay Thomson 
 Email:                       / Hugh Rich      crowbury@novumsecurities.    Ritchie Balmer   Email: 
 bstayt@synergiaenergy.com    / Freddie        com                          / Rory Murphy    patrick.dancona@vigoconsu 
 Tel: +61 8                   Wooding          Tel: +44 20                  Tel: +44 20      lting.com 
 9485 3200                    Tel: +44 (0)20   7399 9427                    7409 3494        finlay.thomson@vigoconsul 
 Australia                    7886 2500        UK                           UK               ting.com 
                              UK                                                             Tel:+ 44 20 
                                                                                             7390 0230 
                                                                                             UK

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END

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(END) Dow Jones Newswires

August 08, 2023 06:32 ET (10:32 GMT)

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