Range Resources Ltd Falls On Share Issue

Shares of Range Resources (LSE: RRL) fell by more than 8% in early trade after the oil and gas producer issued 443,614,813 ordinary shares, 161,472,247 unlisted options (£0.01, 14 July 2018) and 118,729,593 unlisted options (£0.02, 14 July 2018).

oilRange Resources’ issued ordinary share capital will be 4,964,816,681.

The company also said that Amy Just has been appointed joint company secretary, effective from today. Ms Just replaces Sara Kelly.

Furthermore, the dual AIM and ASX listed firm announced the change of registered office to 945 Wellington St, West Perth WA 6005, Australia.

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Mark Stones has no position in any shares mentioned. The Motley Fool has no position in any of the shares mentioned.