RNS Number : 0232D
Ithaca Energy Inc
01 July 2016
---
Not for Distribution to U.S. Newswire Services or for Dissemination in the United
States
Ithaca Energy Inc.
Additional Shares Listing
---
1 July 2016
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) ("Ithaca" or the "Company") announces
that it has issued an additional 400,000 Common Shares in the Company resulting
from the exercise of share options and has applied for these to be admitted to trading on
AIM. Admission of the newly issued Common Shares is expected to occur on 7
July 2016. Each new Common Share will rank pari passu with the existing Common Shares.
Following the issue and allotment of the new
Common Shares, the Company will have a total of
411,784,045 Common Shares in issue with one voting right per Common Share. There are no Common Shares held in
treasury. The total number of voting shares in the Company is therefore 411,784,045. 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 in their interest in, the share capital of the Company under the UK Financial Services Authority's Disclosure and
Transparency Rules.
The total number of Common Shares under option is now 28,746,470, representing approximately 6.5%
of the total shares outstanding and under option.
- ENDS -
Enquiries:
Ithaca Energy
Graham
Forbes
gforbes@ithacaenergy.com
+44
(0)1224 652 151
Richard Smith
rsmith@ithacaenergy.com
+44 (0)1224 652 172
FTI Consulting
Edward
Westropp
edward.westropp@fticonsulting.com +44 (0)207 269 7230
Tom
Hufton
tom.hufton@fticonsulting.com +44
(0)203 727 1625
Cenkos Securities
Neil
McDonald
nmcdonald@cenkos.com
+44 (0)207 397 8900
Nick
Tulloch
ntulloch@cenkos.com
+44 (0)131 220 6939
Beth
McKiernan
bmckiernan@cenkos.com
+44 (0)131 220 9778
RBC Capital Markets
Daniel
Conti
daniel.conti@rbccm.com
+44 (0)207 653 4000
Matthew
Coakes
matthew.coakes@rbccm.com
+44 (0)207 653 4000
About Ithaca Energy
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) is a North Sea oil and gas operator focused on the
delivery of lower risk growth through the appraisal and development of UK undeveloped discoveries and the exploitation of its
existing UK producing asset portfolio. Ithaca's strategy is centred on generating sustainable long term shareholder value
by building a highly profitable 25kboe/d North Sea oil and gas company. For further information please consult the Company's
website www.ithacaenergy.com.
Not for Distribution to U.S. Newswire Services or for Dissemination in the United
States
This information is provided by RNS
The company news service from the London Stock Exchange
END
ALSAKDDBNBKDDOK