CALGARY, AB--(Marketwired - Jan 20, 2014) - Ithaca Energy Inc. (
Following the recent exercise of share options by Ithaca employees, the Company has issued and allotted a total of 400,000 common shares ("New Common Shares") and has applied for these New Common Shares to be admitted to trading on AIM. Admission of the New Common Shares is expected to occur on 24 January 2014. 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 326,548,621 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 326,548,621. This figure 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 UK Financial Services Authority's Disclosure and Transparency Rules.
The total number of common shares under option is now 18,843,566, representing approximately 5.5% of the total shares outstanding and under option.
About Ithaca Energy
Ithaca Energy Inc. (
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Contact Information:
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
Georgia Mann
georgia.mann@fticonsulting.com
+44 (0)207 269 7212
Cenkos Securities
Neil McDonald
nmcdonald@cenkos.com
+44 (0)131 220 6939
Beth McKiernan
bmckiernan@cenkos.com
+44 (0)131 220 9778
RBC Capital Markets
Tim Chapman
tim.chapman@rbccm.com
+44 (0)207 653 4641
Matthew Coakes
matthew.coakes@rbccm.com
+44 (0)207 653 4871