Pharos Energy PLC Total Voting Rights (8083E)
31 Octubre 2022 - 11:49AM
UK Regulatory
TIDMPHAR
RNS Number : 8083E
Pharos Energy PLC
31 October 2022
31 October 2022
Pharos Energy plc
("Pharos" or the "Company" or, together with its subsidiaries,
the "Group")
TOTAL VOTING RIGHTS
In accordance with the FCA's Disclosure Guidance and
Transparency Rules, Pharos advises that:
As at 31 October 2022, the Company's issued share capital
consisted of 444,149,364 ordinary shares of GBP0.05. The Company
holds 9,122,268 shares in Treasury.
The total number of voting rights in the Company is therefore
435,027,096. This figure may be used by shareholders 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 Company under the FCA's Disclosure Guidance and
Transparency Rules.
For further information, please contact:
Pharos Energy plc Tel: 0207 603 1515
Tony Hunter, Company Secretary
Notes to editors
Pharos Energy plc is an independent oil and gas exploration and
production company with a focus on sustainable growth and returns
to stakeholders, which is listed on the London Stock Exchange.
Pharos has production, development and/or exploration interests in
Egypt, Vietnam and Israel. In Egypt, Pharos holds a 45% working
interest share in the El Fayum Concession in the Western Desert,
with IPR Lake Qarun, part of the international integrated energy
business IPR Energy Group, holding the remaining 55% working
interest. The El Fayum Concession produces oil from 10 fields and
is located 80 km southwest of Cairo. It is operated by Petrosilah,
a 50/50 joint stock company between the contractor parties (being
IPR Lake Qarun and Pharos) and the Egyptian General Petroleum
Corporation (EGPC). Pharos also holds a 45% working interest share
in the North Beni Suef (NBS) Concession in Egypt, which is located
immediately south of the El Fayum Concession. IPR Lake Qarun
operates and holds the remaining 55% working interest in the NBS
Concession. In Vietnam, Pharos has a 30.5% working interest in
Block 16-1 which contains 97% of the Te Giac Trang (TGT) field and
is operated by the Hoang Long Joint Operating Company. Pharos'
unitised interest in the TGT field is 29.7%. Pharos also has a 25%
working interest in the Ca Ngu Vang (CVN) field located in Block
9-2, which is operated by the Hoan Vu Joint Operating Company.
Blocks 16-1 and 9-2 are located in the shallow water Cuu Long
Basin, offshore southern Vietnam. Pharos also holds a 70% interest
in, and is designated operator of, Blocks 125 & 126, located in
the moderate to deep water Phu Khanh Basin, north east of the Cuu
Long Basin, offshore central Vietnam. In Israel, Pharos, together
with Capricorn Energy PLC (formerly known as Cairn Energy PLC) and
Israel's Ratio Oil Exploration, has eight licences offshore Israel.
Each party has an equal working interest and Capricorn Energy is
the operator.
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END
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