Released: 28/01/2010
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RNS Number : 3093G
Baltic Oil Terminals Plc
28 January 2010
Baltic Oil Terminals PLC
("Baltic" or "the Company")
Issue of Equity
Baltic announces that, pursuant to the general authorities approved by shareholders at its 2009 Annual General Meeting, it
has raised £337,500 by way of a subscription for cash by an institutional investor for 1.5 million new ordinary shares of
1 pence each at a price of 22.5 pence per share. The shares have been placed to satisfy demand from an existing investor
and the net proceeds will be used for general working capital purposes.
Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM, and it
is expected that admission will become effective and trading will commence on Wednesday, 3 February 2010.
Following admission, the Company will have 57,274,920 ordinary shares in issue.
Enquiries:
Baltic Oil Terminals plc Tel: +44 (0)20 3145 1908
Simon Escott, Chief Executive
Arbuthnot Securities Limited Tel: +44 (0)20 7012 2000
Alastair Moreton, Corporate Finance
Pelham Bell Pottinger
Archie Berens Tel: +44 (0)20 7337 1509 / +44 (0)7802 442486
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