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Empyrean Energy Plc announced on 8 April 2022 that it received notice to exercise warrants over 511,111 Ordinary Shares at 9p per warrant, for which £45,999.99 in funds was received. Application will be made for these shares to be admitted to trading on AIM on 14 April 2022, which will result in the company's enlarged issued share capital comprising 665,331,891 ordinary shares.
| Date | 8 Apr 2022 |
| Time | 09:55:54 |
| Category | Capital structure |
| ID | 7939H |
Empyrean Energy Plc / Index: AIM / Epic: EME / Sector: Oil & Gas
Empyrean Energy plc
Exercise of Warrants
8 April 2022
Empyrean Energy ("Empyrean" or the "Company"), the oil and gas development company with interests in China, Indonesia and the United States, advises that it has received a notice to exercise warrants (exercise price 9p per Warrant) over a total of 511,111 Ordinary Shares (the "Warrant Shares"), for which funds of £45,999.99 have been received by the Company.
Application will be made for the admission of the Warrant Shares to trading on AIM ("Admission"). Admission is expected to take place on 14 April 2022. The Warrant Shares will rank pari passu with the existing ordinary shares on issue.
Following Admission, the Company's enlarged issued share capital will comprise 665,331,891 ordinary shares of 0.2p each (the "Shares"), each with voting rights. 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, securities of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
-ENDS-
For further information please contact the following:
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