November 15, 2012 02:00 ET
Heritage Oil Plc: Block Listing
LONDON, UNITED KINGDOM--(Marketwire - Nov. 15, 2012) -Heritage Oil Plc ("Heritage" or the "Company") (TSX:HOC)(LSE:HOIL)
Applications have been made to the UK Listing Authority (the "UKLA") and the London Stock Exchange (the "LSE") for the block listing and admission to trading on the Official List of the UKLA and the Main Market of the LSE (the "Listing") of 21,276,428 ordinary shares of no par value each in the Company (each an "Ordinary Share").
Of the total number of Ordinary Shares subject to the Listing, 18,904,510 are issuable pursuant to the Company's Share Option Scheme, and 2,371,918 are issuable on the exchange of exchangeable shares of no par value in Heritage Oil Corporation, a subsidiary of the Company (the "Exchangeable Shares"), for Ordinary Shares.
Notes to Editors
- Heritage is listed on the Main Market of the London Stock Exchange and is a constituent of the FTSE 250 Index. The trading symbol is HOIL. Heritage has a further listing on the Toronto Stock Exchange (TSX:HOC).
- Heritage is an independent upstream exploration and production company engaged in the exploration for, and the development, production and acquisition of, oil and gas in its core areas of Africa, the Middle East and Russia.
- Heritage has producing assets in Nigeria and Russia, exploration assets in Malta, Tanzania, Pakistan, Libya and the Democratic Republic of Congo and an exploration, appraisal and development asset in Kurdistan.
- For further information please refer to our website, [ www.heritageoilplc.com ].