ENTEQ TECHNOLOGIES PLC — Share Issue/Capital Change 2015

Jun 19, 2015

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6825Q

Enteq Upstream PLC

19 June 2015

19 June 2015

Enteq Upstream plc

("Enteq" or the "Company")

Issue of shares

Enteq, the oil and gas field services Company, announces that on 18 June 2015 it issued and allotted 193,749 new ordinary shares of 1p each ("Ordinary Shares") to the Directors and various senior managers at the Company in compensation for cash salary foregone in respect of the period 17 February to 31 May 2015, at a price of 17.5p per new Ordinary Share.  The new Ordinary Shares issued to the Directors were as follows:

		Total holding after issue
Name	Number of New Ordinary Shares issued	Number of Ordinary Shares	% Enlarged issued share capital
Martin Perry	33,038	991,840	1.68%
Neil Warner	26,381	197,833	0.33%
Iain Paterson	34,235	123,536	0.21%
Robin Pinchbeck	32,907	559,719	0.95%
David Steel	40,021	121,261	0.21%

Application has been made for the 193,749 new Ordinary Shares to be admitted to trading on AIM which is expected to occur on 25 June 2015. Following the above issue of new Ordinary Shares the number of Ordinary Shares (each carrying one vote) in issue is 59,147,402.  There are no shares held in treasury.  The figure of 59,147,402 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interests in, the share capital of Enteq under the Disclosure and Transparency Rules.

For further information, please contact:

Enteq Upstream plc	+44 (0)149 461 8738
Martin Perry, Chief Executive Officer
David Steel, Finance Director
Investec Bank plc (NOMAD and Broker)	+44 (0)207 597 4000
Chris Treneman, Patrick Robb, David Anderson

This information is provided by RNS

The company news service from the London Stock Exchange

END

LISGCGDLIUBBGUC