LSE:NTQ
RNS Number : 8148B
Enteq Upstream PLC
21 June 2016
Enteq Upstream plc
("Enteq" or the "Company")
Issue of shares
Enteq, the oil and gas drilling technology Company, announces that on 20 June 2016 it issued and
allotted 261,380 new ordinary shares of 1p each ("Ordinary Shares") to the Directors and various senior managers at the Company
in compensation for cash salary foregone in respect of the period 1 December 2015 to 30 May 2016, at a price of 12.4p per new
Ordinary Share.
The new Ordinary Shares issued to the Directors were as follows:
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Total holding after issue
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Name
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Number of New Ordinary Shares issued
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Number of Ordinary Shares
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% Enlarged issued share capital
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Martin Perry
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14,151
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1,068,730
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1.78%
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Neil Warner
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40,410
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307,018
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0.51%
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Iain Paterson
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72,761
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259,606
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0.43%
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Robin Pinchbeck
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66,028
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676,394
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1.13%
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Application has been made for the 261,380 new Ordinary Shares to be admitted to trading on AIM
which is expected to occur on 24 June 2016. Following the above issue of new Ordinary Shares the number of Ordinary Shares (each
carrying one vote) in issue is 59,962,003. There are no shares held in treasury. The figure of 59,962,003 may be used
by shareholders as the denominator for the calculations by which they will determine if they are required to notify their
interests in, or a change to their interests in, the share capital of Enteq under the Disclosure and Transparency
Rules.
For further information, please contact:
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Enteq Upstream plc
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+44 (0)149 461 8738
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Martin Perry, Chief Executive Officer
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David Steel, Finance Director
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Investec Bank plc (NOMAD and Broker)
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+44 (0)207 597 4000
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Chris Treneman, Patrick Robb, David Anderson
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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