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Well, yes – Intention to List on London’s AIM Market & Appointment of Advisors
Zeta Petroleum plc (ASX:ZTA), the ASX listed oil and gas company with production, appraisal and exploration assets in onshore Romania, has announced the appointment of SP Angel Corporate Finance LLP as international broker and equity capital markets advisor to assist with its wider investor relations objectives. In addition, it is considering a dual listing on AIM in London and has appointed Sanlam Securities UK Limited as its proposed Nominated Adviser.
Highlights:
– Dual listing on London’s AIM is in line with strategy to grow and advance the Company’s low-risk, low-cost production, appraisal and exploration assets in onshore Romania, Europe
– Advisors appointed with excellent oil and gas and natural resource advisory track records in the London market
– SP Angel appointed as International Broker and as intended AIM broker
– Sanlam appointed as intended Nominated Adviser
Preparatory work underway for the proposed AIM Admission Zeta’s recently appointed CEO Andy Morrison said, “With development, appraisal and exploration assets in Romania, the AIM market in London is a natural place for Zeta to dual list. We anticipate our relatively low-risk,low-cost European onshore portfolio and future news flow will resonate with investors on the AIM market, particularly as energy security in Europe continues to be a highly topical subject.
“Located in the heart of Europe and with a long heritage of hydrocarbon production, Romania is ideally placed to make a positive contribution towards tackling the continent’s energy deficit. In turn, as one of only a handful of existing producers in the country, Zeta is in a strong position to play a leading role in this process. With this in mind, we are very pleased to have SP Angel act as our international broker and Sanlam as our proposed Nominated Adviser. Both advisers have exc ellent oil and gas and natural resource advisory track records in the London market.”
