Issue of Equity
Georgina Energy PLC has announced the issue of 5,800,000 new ordinary shares, valued at £156,600, to convert a portion of its debt facility. This conversion occurred at an adjusted reference price of 2.7 pence per share. The new shares will be admitted to trading on the Equity (transition) category of the Official List and the London Stock Exchange on 8 June 2026. Following this admission, the Company's enlarged share capital will consist of 213,511,707 Ordinary Shares, with no shares held in treasury, which shareholders can use for disclosure notification calculations.
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The Company has received notice by the lender pursuant to the debt facility announced on 14 November 2026 to convert an amount of £156,600 through the issue of 5,800,000 new ordinary shares. For the purposes of the conversion, the reference price was varied from 8 pence and adjusted to 2.7 pence (being the lowest priced placing during the term of the debt facility).
Admission and Total Voting Rights
The Company will seek admission of 5,800,000 new ordinary shares of 1 pence par value to trading on the Equity (transition) category of the Official List and the London Stock Exchange from 8.00 a.m. on 8 June 2026 ("Admission").
In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged share capital will comprise 213,511,707 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.