Dominion Energy Plc today announces that it has raised �500,000, before
expenses, via a private placement of 16,666,666 new Ordinary shares. The shares
were placed at a price of 3 pence per share.
Following this announcement Marine Life Investment SCP, administered by Credit
Suisse (Monaco), holds 44,078,730 Ordinary shares in Dominion Energy, being
18.67 per cent. of the enlarged share capital of the Company.
Included in the above placement, the following directors have also purchased
shares:
Masoud Alikhani has purchased a further 1,666,666 Ordinary shares bringing his
holding to 3,072,999 Ordinary shares representing 1.30 per cent. of the
Company's share capital.
Kishor Sodha has purchased a further 416,667 Ordinary shares bringing his
holding to 1,583,333 Ordinary shares representing 0.67 per cent. of the
Company's share capital.
Mr Gilsbrecht Verspyck has purchased 416,667 Ordinary shares representing 0.18
per cent. of the Company's share capital.
Michael Ala has purchased 416,667 Ordinary shares representing 0.18 per cent.
of the Company's share capital.
Following this issue of ordinary shares, the share capital of the Company is
236,120,625 Ordinary shares of 1 pence each.
Mr Masoud Alikhani, the Chairman of the Company, stated:
"We welcome and are pleased to receive the support of the investors in this
round of fundraising."
The Directors of Dominion Energy Plc accept responsibility for this
announcement.