13 December 2017
IGas Energy plc ("IGas" or the "Company")
The Company announces that an application has been made to the London Stock Exchange for a total of 400,000 ordinary shares of 0.002p each in the capital of the Company (the "EBT Shares") to trade on the AIM market of London Stock Exchange ("AIM") under the IGas Energy PLC 2015 Management Retention Plan (the "Plan"). Subject to admission to trading on AIM, the EBT Shares will be held by Sanne Fiduciary Service Limited (acting in its capacity as the trustee of The IGas Energy Employee Benefit Trust). The EBT Shares are being issued to satisfy nil cost options granted by the Company under the Plan.
The EBT Shares shall rank pari passu with the existing issued ordinary shares of 0.002p each in the capital of the Company ("Ordinary Shares"). It is expected that admission of the EBT Shares to AIM will become effective on or around 18 December 2017.
The issued share capital of the Company following the above detailed issue of shares will be 121,881,118 Ordinary Shares; the number of deferred shares remains 303,305,534. The total number of voting rights in IGas will be 121,881,118 Ordinary Shares, which should 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 to their interest in IGas under the Financial Conduct Authority's Disclosure and Transparency Rules.
IGas Energy plc
Tel: +44 (0)20 7993 9899
Stephen Bowler, Chief Executive Officer
Julian Tedder, Chief Financial Officer
Ann-marie Wilkinson, Director of Corporate Affairs
Investec Bank plc
Tel: +44 (0)20 7597 5970
Tel: +44 (0)20 7523 8000