Client NewsPredator Oil & Gas Plc: Operational Highlights & Placing
Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco and Ireland is pleased to announce that it has conditionally placed 26,000,000 new ordinary shares of no par value in the Company (the “Placing Shares”) at a placing price of 5 pence each (the “Placing Price”) to raise £1.3 million before expenses (the “Placing”).
The Placing was significantly oversubscribed and utilises the Company’s existing headroom shares under the Financial Conduct Authority restrictions for companies on the Official List (standard listing segment) of the London Stock Exchange’s main market for listed securities.
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