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Issue of Equity
Further to the announcement of 5th October 2007, when details were released concerning the issue of convertible loan notes, Dominion Petroleum announces that the interest coupon payment due on these convertible loans as at 30 September 2008 will be paid in the form of an issue of new ordinary shares in the Company credited as fully paid.
Consequently the company has applied for 5,411,042 new ordinary shares in the Company to be admitted to trading on AIM, with admission expected to occur on or around 28 October 2008.
Following the issue of the new ordinary shares the Company will have 436,656,439 ordinary shares in issue.
For further information please contact:
Dominion Petroleum Limited +44 (0) 20 7811 5300
Rob Shepherd, Finance Director
Pelham Public Relations +44 (0)20 7743 6679 / +44 (0)7802 442 486
Archie Berens
Seymour Pierce Limited +44 (0)207 107 8000
Corporate Finance
Nandita Sahgal, Christopher Wren