CALGARY, AB / ACCESSWIRE / October 16, 2017 / Further to the announcement dated 2 October 2017, Canadian Overseas Petroleum Limited (the "Company") (TSX-V: XOP) (LSE: COPL), announces the admission (the "New Share Admission") to the standard listing segment of the Official List maintained by the Financial Conduct Authority, and to trading on the main market for listed securities of London Stock Exchange plc (the "London Stock Exchange"), of 250,000,000 new common shares of no par value in the capital of the Company (the "New Shares"). Following the New Share Admission, the share capital of the Company will be made up of 1,523,139,350 common shares (the "Common Shares"). The New Share Admission is expected to become effective at 8:00 a.m. (London time) today, 16 October 2017.
The New Shares (via Depositary Interests through CREST) will be freely transferable on the main market of the London Stock Exchange. However, there is a temporary restriction on the transfer of such New Shares, in that such shares cannot be transferred through CREST to the Company's Canadian share register for a period of four (4) months and one (1) day from the date the shares are issued.
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http://www.rns-pdf.londonstockexchange.com/rns/7044T_1-2017-10-16.pdf
SOURCE: Canadian Overseas Petroleum Limited
