Xcite Energy Limited Exercise of Share Options & Total Voting Rights (7794S)
29 September 2014 - 8:00AM
UK Regulatory
TIDMXEL
RNS Number : 7794S
Xcite Energy Limited
29 September 2014
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART
DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO
DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATIONS OF SUCH JURISDICTION
TSX-V, LSE-AIM: XEL
29 September 2014
Xcite Energy Limited
("Xcite Energy" or the "Company")
Exercise of Share Options & Total Voting Rights
The Company announces that it has issued 150,000 new ordinary
shares of no par value ("Ordinary Shares") following the exercise
of share options which would otherwise have expired shortly.
Application was made to the London Stock Exchange for the
150,000 Ordinary Shares issued pursuant to the option exercise to
be admitted to trading on AIM ("Admission"). Admission is expected
to occur at 8:00 a.m. on 3 October 2014. The Ordinary Shares shall
rank pari passu with the existing ordinary shares in the
Company.
Following Admission, the Company's enlarged issued share capital
comprises 309,930,421 Ordinary Shares with one voting right per
share. There are no shares held in treasury. The total number of
voting rights in the Company is therefore 309,930,421.
This figure of 309,930,421 Ordinary Shares 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 their interest in, the share capital of
the Company under the FCA's Disclosure and Transparency Rules.
ENQUIRIES:
+44 (0) 1483 549
Xcite Energy Limited 063
Rupert Cole / Andrew Fairclough
+44 (0) 203 100
Liberum (Joint Broker and Nominated Adviser) 2222
Clayton Bush / Tim Graham
+44 (0) 207 425
Morgan Stanley (Joint Broker) 8000
Andrew Foster
+44 (0) 207 861
Bell Pottinger 3232
Mark Antelme / Henry Lerwill
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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