Kea Petroleum: Application for additional listing and Director's dealing

Tuesday, August 28, 2012      
 
  • The warrants were exercised by senior staff and officers of the company and include 200,000 shares allotted to John Dennehy, a Non-Executive Director of the Company.

Kea Petroleum plc (AIM: KEA), will be applying to the London Stock Exchange for the admission of 480,000 ordinary shares in the capital of Kea to trading on AIM. These shares were issued on 27 August 2012 at a price of 8p per share as a result of the exercise of warrants and rank pari passu with the existing issued ordinary shares of the Company. Details of the warrants can be found within the Admission Document.

The warrants were exercised by senior staff and officers of the company and include 200,000 shares allotted to John Dennehy, a Non-Executive Director of the Company. Following this transaction John Dennehy's total beneficial interest in Kea is 800,177 Ordinary Shares, representing approximately 0.16% of its issued share capital.

Admission is expected to become effective and dealings to commence in these shares on 03 October 2012.

Following the issue of these new shares the issued ordinary share capital of Kea now consists of 509,835,000 ordinary shares of 1 penny each with voting rights. No ordinary shares are held in treasury.

Warrant holders will have until 28 September 2012 to exercise their warrants.


 

Join 80,000 oil and gas professionals who receive our weekly newsletter.

You may unsubscribe at any time with one click.

Article Tags

Kea Petroleum United Kingdom West Europe Finance AIM


This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More


Related News


Upcoming OilVoice Training Course

Mastering 4D Seismic
This is an intensive day’s course covering all aspects of time-lapse seismic (4D) methodology so that attendees can participate in any aspect of 4D technology. The course gives a perspective on the development of 4D seismic from the 1980’s to its present use in mature areas. Linkages with Reservoir ...
London - 15 Sep


Trainer
Ian Jack

Cost
£500

Discount Code
OilVoice-10 for 10% off any course.View Course

All OilVoice Training Courses
Popular Headlines View all


Latest Opinion View all

Join 90,000 other oil and gas professionals

Network with others, build your profile, and receive the latest oil and gas news in your inbox. It's free!

Create profile

Time for a change? All jobs Jobs near you

OilVoice Training All upcoming


About

OilVoice, established in 2002, is your leading source of upstream news, jobs and industry information.


Newsletter

Each week we send our weekly industry round-up. Why not try it? You may unsubscribe at any time.

Contact OilVoice

Milton Keynes
United Kingdom
Phone: +44 207 993 5991
Contact Us


Stay Connected


2015 © OilVoice  .  Privacy Policy  .  Terms of Service  .  Oil Careers  .  Advertise with us