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SRSP Sirius Petroleum Plc

0.40
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sirius Petroleum Plc LSE:SRSP London Ordinary Share GB00B03VVN93 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sirius Petroleum PLC Update on Acquisition (4332J)

04/12/2018 4:14pm

UK Regulatory


Sirius Petroleum (LSE:SRSP)
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TIDMSRSP

RNS Number : 4332J

Sirius Petroleum PLC

04 December 2018

Sirius Petroleum Plc

("Sirius" or "the Company")

Update on Acquisition of 75% Shareholding in Precision Energy

Sirius Petroleum (AIM: SRSP), the Nigeria-focused oil and gas development and production company, announces that further to the announcement issued earlier today, for the avoidance of doubt, the economic rights between Tetrarch Limited and Fomak Limited as owners of Tetra Energy Services Ltd are split 50/50 and Sirius JV gets its 30% indirect beneficial economic rights exclusively through Tetrarch Limited. The economic rights of Fomak Limited are unaffected by this transaction.

Enquiries:

Sirius Petroleum +44 20 3740 7460

Bobo Kuti, CEO

Jack Pryde, Chairman

Mark Henderson, Chief Financial Officer

Cantor Fitzgerald Europe +44 20 7894 7000

David Porter/Nick Tulloch

Gable Communications +44 20 7193 7463

John Bick srsp@gablecommunications.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

December 04, 2018 11:14 ET (16:14 GMT)

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