ENTEQ TECHNOLOGIES PLC — Share Issue/Capital Change 2017

Jul 11, 2017

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RNS Number : 7714K

Enteq Upstream PLC

11 July 2017

Enteq Upstream plc

("Enteq" or the "Company")

Exercise of share options

Enteq, the oil and gas drilling technology Company, announces that on 6 July 2017 it issued and allotted 65,000 new ordinary shares of 1p each ("Ordinary Shares") to a senior manager at the Company in response to an exercise of share options.  The issue price was 13.75p, being the share price when the options were issued.

Application has been made for the 65,000 new Ordinary Shares to be admitted to trading on AIM which is expected to occur on 17 July 2017. Following the above issue of new Ordinary Shares, the number of Ordinary Shares (each carrying one vote) in issue is 61,819,682.  There are no shares held in treasury.  The figure of 61,819,682 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)1494 618739
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

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