XTRACT RESOURCES PLC — Share Issue/Capital Change 2017

Feb 22, 2017

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RNS Number : 5959X

Xtract Resources plc

22 February 2017

For immediate release

22 February 2017

Xtract Resources Plc

("Xtract" or the "Company")

Admission and TVR

The Board of Xtract Resources Plc ("Xtract" or the "Company") today announces that further to the announcement of 16 February 2017, the 1,589,623,629 new ordinary shares issued to Auroch at an issue price of 0.013282p per share ("Auroch Shares") will be admitted to trading on AIM ("Admission") on 27 February 2017.      Application has been made for Admission, and the Auroch Shares will rank pari passu in all respects with the Company's existing issued ordinary shares. 

On Admission, the Company will have 21,546,170,118 ordinary shares in issue with voting rights. Xtract does not currently hold any shares in treasury. Accordingly, this figure of 21,546,170,118 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014 on market abuse.  Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Further details are available from the Company's website which details the company's project portfolio as well as a copy of this announcement: www.xtractresources.com

Enquiries:

Xtract Resources Plc	Colin Bird, Executive Chairman	+44 (0)20 3416 6471
Beaumont Cornish	Michael Cornish Roland Cornish Felicity Geidt	+44 (0)207628 3369
	Email: corpfin@b-cornish.co.uk
Beaufort Securities	Jon Belliss	+44 (0)207 382 8300

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

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