Petroneft Resources PLC Share Issue (3424M)
11 Mayo 2020 - 01:00AM
UK Regulatory
TIDMPTR
RNS Number : 3424M
Petroneft Resources PLC
11 May 2020
PetroNeft Resources plc
11(th) May 2020
PetroNeft Resources plc
("PetroNeft" or the "Group" or the "Company")
Share Issue
PetroNeft has settled outstanding liabilities owed to Dennis
Francis totalling $200,000 through the issue of 10,471,204 new
ordinary shares.
Resultant holdings of Mr Francis:
Ordinary Shares Share Issue Resulting holding % of Issued
held prior of Ordinary Shares Share Capital*
to Share Issue
Dennis Francis 36,361,620 10,471,204 46,832,824 5.58%
*This percentage shareholding is based on a total shares now in
issue figure of 839,357,061 ordinary shares.
The Company will apply for admission of the Shares to be traded
on the AIM and Euronext Growth markets. It is expected that
Admission will take place and that trading will commence on or
around 14(th) May 2020.
For further information, contact:
+971 55 1919
David Sturt, CEO, PetroNeft Resources plc 808
+353 1 679
John Frain/Brian Garrahy, Davy (NOMAD and Broker) 6363
+353 1 498
Joe Heron / Douglas Keatinge, Murray Consultants 0300
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END
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