Cap Energy Ltd

LSE : CAPP


January 09, 2013 09:00 ET

Issue of Equity; Director's Interest

                                                                                    9 January 2013
                                                                         GB00B7KFPB91/GBP/PLUS-exn
                                                 
                                        CAP ENERGY LIMITED
                                     ("Cap" or the "Company")
                                                 
                               Issue of Equity; Director's Interest
                                                 
CAP  Energy  Limited,  the  ISDX Growth Market investment vehicle focusing  on  the  oil  and  gas
exploration  and  production sector, predominantly in Sub-Saharan Africa, is pleased  to  announce
that  the  Company has raised GBP100,000 through the issue of 20,000,000 ordinary shares  of  0.5p
each  in  the  Company  ("Ordinary Shares") at a price of 0.5p per  share.  The  proceeds  of  the
subscription will be used as additional working capital for the Company.

In  the  subscription,  Lina Haidar, Cap's Chief Executive Officer, has subscribed  for  8,000,000
Ordinary  Shares and Alex Haly has subscribed for 12,000,000 Ordinary Shares, representing  13.39%
and  20.08%,  respectively,  of  the  issued share capital of  the  Company  as  enlarged  by  the
subscription.  Lina  Haidar  and Alex Haly are also shareholders in Global  Energy  Trade  Limited
("GET"),  which  is interested in 30,000,000 Ordinary Shares, representing 50.20%  of  the  issued
share  capital of the Company as enlarged by the subscription. Prior to the subscription,  neither
Lina Haidar nor Alex Haly had any direct interest in Ordinary Shares.

In  accordance  with  the  Financial Services Authority's Disclosure and Transparency  Rules,  the
Company hereby announces that it has 59,759,867 Ordinary Shares in issue, each share carrying  the
right to one vote. The Company does not hold any Ordinary Shares in treasury.

The Directors of the Company are responsible for the contents of this announcement.

Contact details:

Cap Energy Limited
Tim Hearley, Non-executive Chairman
Tel: +44 (0) 7850 390 998

Pat Rocholl, Chief Financial Officer
Tel: +44 (0) 7765 257 063

St Helens Capital Partners LLP
Duncan Vasey and Mark Anwyl
Tel: +44 (0) 20 7368 6959



Contact Information

  • Cap Energy Ltd