AMED Amedeo Res

TIDMAMED

RNS Number : 9110Z

Amedeo Resources PLC

12 February 2014

12 February 2014

Amedeo Resources plc

('Amedeo' or 'the Company')

Issue of Equity

Amedeo Resources plc (AIM: AMED), an investment company focussed on the resources and resources infrastructure and asset sectors, announces that it has issued 5,000,000 new ordinary shares ('New Shares') of 0.1 pence each in the capital of the Company ('Ordinary Shares') pursuant to the exercise of 5,000,000 warrants granted on 31 August 2012. The Company has received a valid notice of exercise in respect of the warrants and has received payment of GBP25,000 representing the exercise price of 0.5 pence per Ordinary Share.

The New Shares rank pari passu in all respects with the existing Ordinary Shares. Application will be made to the London Stock Exchange for the New Shares to be admitted to trading on AIM and it is expected that admission of the New Shares will become effective and that dealings in the New Shares will commence at 8.00am on 18 February 2014 ('Admission').

Total Voting Rights

Following the issue of the New Shares, the Company's enlarged issued ordinary share capital will comprise 2,743,619,633 Ordinary Shares with voting rights. The Company does not hold any shares in treasury. This figure of 2,743,619,633 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 and Transparency Rules.

**ENDS**

For further information please contact:

 
Amedeo Resources plc      Glen Lau/Zafar Karim  Tel: + 44 (0) 20 7653 
                                                 9850 
Daniel Stewart & Company  Paul Shackleton       Tel: + 44 (0) 20 7776 
 Plc                                             6550 
Beaufort Securities       Guy Wheatley          Tel: +44 (0) 20 7382 
 Limited                                         8300 
Newgate Threadneedle      Graham Herring        Tel: + 44 (0) 20 7653 
                                                 9850 
 

Notes

Amedeo Resources plc is an investment company whose policy is to invest principally, but not exclusively, in the resources and resources infrastructure and asset sectors. Amedeo has a deep and broad global network and wide contact base in these sectors, including in East and South East Asia and the Middle East which it leverages to source and make investments. These sectors exhibit high growth and are strategically important. Amedeo is a proactive investor which assists its investee companies to grow by providing investment, expertise and contacts.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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