User Notice: The site will be occasionally unavailable due to scheduled maintenance this weekend. Please accept our apologies for any inconvenience.

Share Name Share Symbol Market Type Share ISIN Share Description
Zenith Energy Ltd. LSE:ZEN London Ordinary Share CA98936C1068 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.875 0.85 0.90 0.875 0.85 0.875 884,553 08:00:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.4 6.7 -83.0 - 3

Zenith Energy Ltd Exercise of Warrants

19/03/2021 7:00am

UK Regulatory (RNS & others)

Zenith Energy (LSE:ZEN)
Historical Stock Chart

From Mar 2021 to May 2021

Click Here for more Zenith Energy Charts.


RNS Number : 7935S

Zenith Energy Ltd

19 March 2021


March 19, 2021


("Zenith" or the "Company")

Exercise of Warrants

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that an investor in the Company has exercised warrants to acquire a total of 16,428,571 new common shares of no par value (the "Warrant Shares") in the capital of the Company with an exercise price of NOK 0.15 (equivalent to approximately GBP0.013) for a total consideration of 2,464,286 NOK (approximately GBP209,600).

Admission of the Warrant Shares to the Euronext Growth of the Oslo Stock Exchange is expected to take place today, March 19, 2021. The Warrant Shares will rank pari passu in all respects with the existing common shares of the Company.

A n application for the Warrant Shares to be listed on the standard segment of the FCA Official List and to be admitted for trading on the London Stock Exchange Main Market for listed securities will be made within 12 months of the issue date.

Total Voting Rights

The Company wishes to announce, in accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, the following revised information resulting from the issuance of the Warrant Shares.

   Class of share               Total number     Number        Total number of 
                                of shares        of voting     voting rights 
                                                 rights        per class of share 
                                                 per share 
 Common Shares in issue 
  and admitted to trading 
  on the Main Market 
  of the London Stock 
  Exchange                       313,400,824        1                 313,400,824 
                             ---------------  ------------  --------------------- 
 Common Shares in issue 
  and admitted to trading 
  on the Euronext Growth 
  Market of the Oslo 
  Børs - representing 
  the total outstanding 
  common share capital 
  of the Company               1,088,889,331        1               1,088,889,331 
                             ---------------  ------------  --------------------- 

Further Information:

 Zenith Energy Ltd 
 Andrea Cattaneo, Chief Executive Officer   Tel: +1 (587) 315 9031 
 Allenby Capital Limited - Financial 
  Adviser & Broker 
 Nick Harriss                               Tel: + 44 (0) 203 328 
  Nick Athanas                               5656 

Notes to Editors :

Zenith Energy Ltd. is an international oil and gas production company, listed on the London Stock Exchange (LSE:ZEN) and the Euronext Growth Market of the Oslo Stock Exchange (OSE:ZENA).

Zenith's development strategy is to identify and rapidly seize value-accretive hydrocarbon production opportunities in the oil & gas sector, specifically in Africa.

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 or visit

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) Dow Jones Newswires

March 19, 2021 03:00 ET (07:00 GMT)

1 Year Zenith Energy Chart

1 Year Zenith Energy Chart

1 Month Zenith Energy Chart

1 Month Zenith Energy Chart
ADVFN Advertorial
Your Recent History
Zenith Ene..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210508 17:10:29