Cap Energy Ltd

November 06, 2013 09:00 ET

Share Capital Update

                                                                                             6 November 2013
                                             CAP ENERGY LIMITED
                                          ("Cap" or the "Company")
                                            Share Capital Update

Further  to  Cap's announcement of 3 October 2013, the Directors of the Company are pleased to confirm  that
the  final USD 650,000 tranche of the USD 2,000,000 convertible loan announced on 23 July 2013 has now  been
received  and  consequently  a  further 377,346 new ordinary shares of 5p each  in  the  Company  ("Ordinary
Shares") have been issued in respect thereof.

In  addition,  9,000 new Ordinary Shares have been issued at a price equivalent to 148 pence  per  share  in
respect  of  fees for services rendered to the Company in connection with the Company's acquisition  of  its
interest in Sphere Petroleum BVI.

The  table below sets out the interests of Directors and major shareholder following the issues of  Ordinary
Shares referred to above:

 Name                                    Number of Ordinary Shares      Percentage of Issued Share Capital
 Global Energy Trade Limited                               23,174,128                                82.77
 A Haly (Director)                                          1,200,000                                 4.29
 L Haidar (Director)                                          800,000                                 2.86
 M Haidar                                                     870,798                                 3.11
 S Pereira                                                    414,666                                 1.48
 M de sa Pereira                                              290,266                                 1.03
 Pierantonio Tassini (Director)                               264,142                                 0.94
 Other shareholders                                           984,968                                 3.52
 Total issued share capital                               27, 998,968                               100.00

The Directors of Cap Energy Limited are responsible for the contents of this announcement.

For further information please contact:

Tim Hearley, Chairman
Tel: +44 (0) 7850 390998

Lina Haidar, Chief Executive Officer
Tel: +44 (0) 20 7491 9196

Corporate Adviser:
Mark Anwyl and Duncan Vasey
Peterhouse Corporate Finance Limited
Tel: +44 (0) 20 7469 0930

Cap Energy Limited
25 Dover Street
London W1S 4LX
Tel: +44 (0) 20 7491 9196

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