Source - PRN

 11 October 2016

Doriemus PLC

(“Doriemus” or the “Company”)

Intention to seek a listing on the Standard List

Doriemus PLC (ISDX: DOR), the London quoted UK focused oil and gas exploration and production investment company, announces that, once the ongoing Open Offer to Shareholders has completed, the Company intends to commence the process of applying for admission of the Company’s ordinary shares to the standard segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange.

Peterhouse Corporate Finance Limited and Hill Dickinson LLP have been engaged as financial adviser and legal adviser respectively, for the listing process.

David Lenigas, Doriemus’s Executive Chairman, commented;

"Doriemus is now preparing to move to the next stage of the Company’s development and intends to start the process to apply to list the Company’s shares on a senior exchange. We have a number of very exciting oil projects on the horizon over the coming year in the UK onshore oil sector and the board deems it appropriate to expose the Company to a much wider investment audience.”

The directors of the Company accept responsibility for the contents of this announcement.

-ENDS-

For further additional information, please contact:

Doriemus plc
David Lenigas / Donald Strang
+44 (0) 20 7440 0640
Peterhouse Corporate Finance Limited
Corporate Adviser
Guy Miller / Fungai Ndoro
+44 (0) 20 7469 0930
Optiva Securities Limited
Broker
Christian Dennis / Jeremy King
+44 (0) 20 3137 1902
Square1 Consulting
Public Relations
David Bick
+44 (0) 20 7929 5599

Related Charts

Doriemus (DOR)

0.00 (0.00%)
delayed 18:29PM