Integrated Oil & Gas
Green Dragon Gas ltd:Receives 27,129,000 pounds ($42,592,000) and issued 13,756,000 shares to the Chandler Corporation, following the exercise of 13,756,000 warrants.The warrants were issued in June 2013 at market with an exercise price fixed at 1.97216 pounds concurrent with the disposal of downstream distribution assets that were deemed non-core to the growing upstream production assets of the company.The new ordinary shares will rank pari passu in all respects with the existing ordinary shares.Following the issue of the new ordinary shares, the company's total share capital will be 156,072,289 shares.
Oando Plc:Announces that it has notified the Exchange of its Rights Issue of 2,217,265,184 ordinary shares of 50k each at 22 Nigerian nairas per share, on the basis of one new share for every four ordinary shares held as at July 25.
Egypt Kuwait Holding Co SAE announces further information concerning capital increase through rights issue
Egypt Kuwait Holding Co SAE:Says that the Listing Committee has approved to list the capital increase for the company to $243,914,564.5 from $209,823,655.5.Says the $34,090,909 , capital increase is through rights issue for the company's existing shareholders, distributed over 136,363,636 shares at a par value of $0.25.Says the new shares will be added to the EGX database effective as of Oct. 23 trading session.