News
Issue of Equity
Placing of Shares
Lotus Resources Plc (PLUS Markets: LOTP) is pleased to announce the issue of 1,000,000 new ordinary shares of 1p each which the Company has placed at a price of 6p per share. Application will be made today for admission of these shares to trading on PLUS Markets.
Following this issue there will be 40,884,079 ordinary shares in issue. The new shares will rank equally with existing shares and are expected to be admitted to trading on PLUS Markets on 13 August 2008.
Lotus Resources plc
Simon Longworth, Chief Executive Tel: +86 (0) 1065 699 982/ +86 (0) 1350 107 0840
James Benson, Finance Director/Company Secretary Tel: +44 (0) 7768 242 660
Mazars Corporate Finance Limited
Stephen Skeels Tel: +44 (0) 20 7063 4000