Company Announcements

Admission of Shares

Source: RNS
RNS Number : 3662S
Predator Oil & Gas Holdings PLC
09 March 2023
 

FOR IMMEDIATE RELEASE  

 9 March 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 6 March 20223 that it had received an exercise notice from Optiva Securities Limited ("Optiva") in respect of 2,035,714 warrants issued to it pursuant to warrant agreements with the Company, 2,035,714 Ordinary Shares of no par value,  ranking pari passu with the existing ordinary shares of the Company, 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 ("Admission") effective at 8.00 am today

Total Voting Rights

Following Admission, the Company has 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 385,794,903. This figure of 385,794,903 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

Paul Griffiths               Executive Chairman

Lonny Baumgardner   Managing Director

Tel: +44 (0) 1534 834 600

Info@predatoroilandgas.com



Novum Securities Limited

Jon Belliss

David Coffman

 

Optiva Securities Limited

Christian Dennis

 

Tel: +44 (0) 207 399 9425

 

 

Tel: +44 (0) 203 137 1902

 

 

 



Flagstaff Strategic and Investor Communications

Tim Thompson 

Mark Edwards

Fergus Mellon

 

 

Tel: +44 (0) 207 129 1474

predator@flagstaffcomms.com

 

Notes to Editors:  

 

Predator is operator of the Guercif Petroleum Agreement onshore Morocco which is prospective for Tertiary gas in prospects less than 10 kilometres from the Maghreb gas pipeline.  The MOU-1 well has been completed and a follow-up testing programme is being finalised. The MOU-2 well has been suspended pending evaluation and potential further well operations.

 

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 to produce "greener" oil.

 

In addition, Predator also 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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