The Company announces that an application has been made to the London Stock Exchange for a total of 138,010 Ordinary Shares of 0.002p each (the "SIP Shares") to trade on the AIM market of London Stock Exchange ("AIM") under the Star Energy Group plc Share Incentive Plan ("SIP"). Subject to admission, the SIP Shares will be held by Equiniti Share Plan Trustees Limited (the "SIP Trustees").
The number of shares to be issued under the SIP has been calculated with reference to the mid-market closing price of 9.51p on 29 December 2023, in accordance with the rules of the SIP. The SIP Shares shall rank equally with the existing issued shares of the Company. It is expected that admission to AIM will become effective on or around 01 May 2024.
The issued share capital of the Company following the above detailed issue of shares will be 128,949,876 Ordinary Shares; the number of deferred shares remains 303,305,534. The total number of voting rights in Star Energy will be 128,949,876 Ordinary Shares, which should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Star Energy under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
