Exercise of Warrants and Total Voting Rights
Sunda Energy Plc has announced the exercise of 275,000 warrants, raising £103.13 through the issuance of new ordinary shares at 0.0375p each, with admission expected around March 23, 2026. Following this, the company's total issued ordinary share capital will stand at 31,476,653,281 shares, each carrying one voting right, and the company holds no shares in treasury. This updated total voting rights figure of 31,476,653,281 will serve as the denominator for shareholders calculating their notification obligations under the FCA's Disclosure Guidance and Transparency Rules.
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Sunda Energy Plc (AIM: SNDA), the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, announces that the Company has received notice of exercise of 275,000 warrants over new ordinary shares of 0.025p each in the capital of the Company (the "Ordinary Shares") at an exercise price of 0.0375p per share, for a consideration of £103.13 (the "New Ordinary Shares").
Admission and Total Voting Rights
Application has been made for the New Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange ("Admission"). It is anticipated that Admission will occur on or around 23 March 2026.
From Admission, the Company's issued ordinary share capital will comprise 31,476,653,281 ordinary shares of 0.025p each, with one voting right each. The Company does not hold any ordinary shares in treasury. Therefore, the total number of ordinary shares and voting rights in the Company is 31,476,653,281.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.