Rak Petroleum Plc: Changes In Share Capital

 
TIDMRAKP 
 
 
   United Kingdom, 6 October 2020 
 
   RAK Petroleum plc, the Oslo-listed oil and gas investment company, 
announced that, as the result of a shareholder's request to release the 
restrictions on its Restricted Class A Shares, 36,000 Restricted Class A 
Shares have been re-designated as Class A Shares and 36,000 Class B 
Shares, representing 72,000 votes, have been transferred to the Company 
and cancelled. 
 
   Following these actions having become effective today, the share capital 
of the Company consists of 194,484,040 Class A Shares, each with a 
nominal value of GBP 0.01, 117,647,332 Restricted Class A Shares, each 
with a nominal value of GBP 0.01, 117,647,332 Class B Shares, each with 
a nominal value of GBP 0.0000001, 87,488,693 Class C Shares, each with a 
nominal value of GBP 0.0000001 and 50,000 redeemable shares, each with a 
nominal value of GBP 1.00, resulting in 547,426,036 total votes. 
 
   For further queries, please contact: 
 
   Kevin Toner 
 
   Managing Director 
 
   RAK Petroleum plc 
 
   Email: [e-mail] 
https://www.globenewswire.com/Tracker?data=LE58RmogavkAZM7KJz0r3ftiqCh1zmnLLWkPoq7DOixOdQFlV1z7aATVkXlW5aAA6LSa7DAt0Hi9aLF2J0X74ltmwAEiG6xhat_R71HFIyJItkMxTa61JhLMhLmM9m8N 
 
 
   About RAK Petroleum plc 
 
   RAK Petroleum plc is an Oslo Stock Exchange listed oil and gas 
investment company established under the laws of England and Wales as a 
public limited company. Its principal holdings are 44.94 percent of DNO 
ASA and 33.33 percent of Foxtrot International LDC held through Mondoil 
Enterprises, LLC.  DNO ASA is a Norwegian oil and gas operator focused 
on the Middle East and the North Sea.  Founded in 1971 and listed on the 
Oslo Stock Exchange, DNO holds stakes in onshore and offshore licenses 
at various stages of exploration, development and production in the 
Kurdistan region of Iraq, Norway, the United Kingdom, Netherlands, 
Ireland and Yemen. Foxtrot International LDC is a privately-held company 
active in West Africa whose principal asset is a 27.27 percent interest 
in and operatorship of Block CI-27 offshore Côte d'Ivoire. 
 
   This information is subject to the disclosure requirements pursuant to 
section 5-12 of the Norwegian Securities Trading Act. 
 
 
 
 

(END) Dow Jones Newswires

October 06, 2020 08:56 ET (12:56 GMT)

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