Pennpetro Energy PLC Placing

RNS Number : 7625Y

Pennpetro Energy PLC

01 August 2024

 

1 August 2024

 

Pennpetro Energy plc

("Pennpetro" or "the Company")

 

Placing

Pennpetro is pleased to announce that it has it has raised £360,000 by way of a placing ("Placing") of 6,000,000 new ordinary shares at a price of 6 pence per share ("Placing Shares").  The Placing was conducted by the Company's corporate broker, Peterhouse Capital Limited.

Application will be made for admission of the Placing Shares to listing following the Company's ordinary shares return from suspension. The Placing is only conditional upon the issue of the Placing Shares.

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310).

For further information contact, or follow us on X @pennpetro:

 

Pennpetro Energy PLC: Tom Evans, CEO  David Lenigas, Chairman	[e-mail]  [phone] [e-mail]
Peterhouse Capital Limited     Flagstaff Strategic and Investor Communications Tim Thompson Alison Allfrey Anna Probert	[phone] [phone]   [phone] [e-mail]

 

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 [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

IOEKZGGRVMNGDZG