Predator Oil & Gas Holdings PLC Admission of Shares (2864J)
15 8월 2023 - 3:00PM
UK Regulatory
TIDMPRD
RNS Number : 2864J
Predator Oil & Gas Holdings PLC
15 August 2023
FOR IMMEDIATE RELEASE
15 August 2023
Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD /
Sector: Oil & Gas
LEI 213800L7QXFURBFLDS54
Predator Oil & Gas Holdings Plc
("Predator" or the "Company" and together with its subsidiaries
the "Group")
Admission of Shares
Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey based
Oil and Gas Company with near-term gas operations focussed on
Morocco, announces that further to the Company's announcement of 1
August 2023 that it had conditionally placed a total of 90,909,090
new ordinary shares of nil par value ("Placing Shares") at an issue
price of GBP0.11 (the "Placing Price") to raise gross proceeds of
GBP10 million, and the subsequent announcement of 10 August 2023
that a Prospectus had been published to enable the admission to
trading ("Admission") of the Placing Shares and 45,189,580
replacement shares issued to Paul Griffiths and Lonny Baumgardner,
directors of the Company, an aggregated total of 136,098,670
Ordinary Shares of no par value, were admitted to listing on the
Official List (standard listing segment) and to trading on the
London Stock Exchange's Main Market for listed securities effective
at 8.00 am today.
Total Voting Rights
Following Admission, the Company has 562,502,088 shares of no
par value in issue, each with one vote per share (and none of which
are held in treasury). The total number of voting rights in the
Company is therefore 562,502,088. This figure of 562,502,088 may be
used by shareholders in the Company as the denominator for
calculations to determine if they have a notifiable interest in the
share capital of the Company under the Disclosure Guidance and
Transparency Rules, or if such interest has changed.
For further information visit www.predatoroilandgas.com
Follow the Company on twitter @PredatorOilGas.
This announcement contains inside information for the purposes
of Article 7 of the Regulation (EU) No 596/2014 on market abuse
For more information please visit the Company's website at
www.predatoroilandgas.com :
Enquiries:
Predator Oil & Gas Holdings Plc Tel: +44 (0) 1534 834 600
Paul Griffiths Executive Chairman Info@predatoroilandgas.com
Lonny Baumgardner Managing Director
Fox-Davies Capital Tel +44 (0)2038847447
Jerry Keen jerry@fox-davies.com
Novum Securities Limited Tel: +44 (0) 207 399 9400
David Coffman / Jon Belliss
Flagstaff Strategic and Investor Communications Tel: +44 (0) 207 129 1474
Tim Thompson predator@flagstaffcomms.com
Mark Edwards
Fergus Mellon
Notes to Editors:
Predator is operator of the Guercif Petroleum Agreement onshore
Morocco which is prospective for Tertiary gas less than 10
kilometres from the Maghreb gas pipeline. The MOU-1 well drilled in
2021 is being prepared for a follow-up testing programme to
coordinate with a further drilling programme to move the project to
a CNG development stage.
Predator is seeking to further develop the remaining oil
reserves of Trinidad's mature onshore oil fields through the
application of CO2 EOR techniques and by sequestrating
anthropogenic carbon dioxide.
Predator owns and operates exploration and appraisal assets in
licensing options offshore Ireland, for which successor
authorisations have been applied for, adjoining Vermilion's Corrib
gas field in the Slyne Basin on the Atlantic Margin and east of the
decommissioned Kinsale gas field in the Celtic Sea.
Predator has developed a Floating Storage and Regasification
Project ("FSRUP") for the import of LNG and its regassification for
Ireland and is also developing gas storage concepts to address
security of gas supply and volatility in gas prices during times of
peak gas demand.
The Company has a highly experienced management team with a
proven track record in operations in the oil and gas industry.
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END
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August 15, 2023 02:00 ET (06:00 GMT)
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