Phoenix Global Resources PLC Transfer of Treasury Shares (0924G)
19 Julio 2019 - 1:00AM
UK Regulatory
TIDMPGR
RNS Number : 0924G
Phoenix Global Resources PLC
19 July 2019
19 July 2019
Phoenix Global Resources Plc
("Phoenix" or the "Company")
Transfer of Treasury Shares
Phoenix Global Resources plc (AIM: PGR; BCBA: PGR), the upstream
oil and gas company offering its investors direct exposure to
Argentina's Vaca Muerta shale formation and other unconventional
resources, announces that on 18 July 2019 it transferred from
treasury 355,999 ordinary shares of 10 pence each ("Shares") to the
Phoenix Global Resources Employee Benefit Trust and 22,929 Shares
directly to certain participants in the Company's deferred bonus
plan ("DBP") to satisfy the vesting of DBP awards on 27 June
2019.
Total Voting Rights
As the result of the above, there are now 1,621,072 Shares held
as treasury shares. The Company further advises that, at the date
of this announcement the Company's issued share capital comprises
2,785,023,637 Shares (excluding the 1,621,072 Shares held as
treasury shares). Therefore, the Company's total number of Shares
with voting rights is 2,785,023,637. This figure may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules.
For further information, please contact:
Phoenix Global Resources Tim Harrington T: +54 11 5258
plc Kevin Dennehy, 7500
CFO
Shore Capital (Nominated Antonio Bossi T: +44 20 7408
Adviser and Joint Broker) David Coaten 4090
Panmure Gordon (Joint Charles Lesser T: +44 20 7886
Broker) 2500
Camarco Billy Clegg T: +44 20 3757
Owen Roberts 4980
James Crothers
About Phoenix
Phoenix Global Resources is an independent oil and gas
exploration and production company focused on Argentina and listed
on the London Stock Exchange (AIM: PGR) and Buenos Aires Stock
Exchange (BCBA: PGR). The Company has over 1.8 million licenced
working interest acres in Argentina (of which over 0.7 million are
operated), 57.1 million boe of working interest 2P reserves and
average working interest production of approximately 10,249 boepd
in 2018. Phoenix has signi cant exposure to the unconventional
opportunity in Argentina through its approximately 700,000 working
interest acres with Vaca Muerta and other unconventional
potential.
The Company's website is www.phoenixglobalresources.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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