Client NewsPredator Oil & Gas Holdings PLC – 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 12 May 2023 that it had conditionally placed 3,822,410 of New Ordinary Shares (“Second Tranche Shares”) at a placing price of £0.057 to raise £217,877 before expenses (the “Second Tranche Placing”), the new Second Tranche Placing Shares, being 3,822,410 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 (“Admission”) effective at 8.00 am today.
Further to the announcement of 12 May 2023 that it had received an exercise notice from Louis Castro, a former director, in respect of 1,000,000 share options issued to him pursuant to the Company’s unapproved share option scheme, 1,000,000 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
In connection with the fundraising announced on 12 May 2023, 1,780,412 warrants, exercisable at £0.057 per new ordinary share with a 3 year expiry from the Announcement of the Placing on 12 May 2023, will be issued to Novum Securities Limited or their nominees.
Total Voting Rights
Following Admission, the Company has 426,403,418 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 426,403,418. This figure of 426,403,418 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.
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