Pharos Energy PLC Block Listing Application (0590M)
16 Septiembre 2021 - 10:34AM
UK Regulatory
TIDMPHAR
RNS Number : 0590M
Pharos Energy PLC
16 September 2021
16 September 2021
Pharos Energy plc
("Pharos" or the "Company" or, together with its subsidiaries,
the "Group")
Block Listing Application
Pharos Energy plc announces that an application has been made to
the Financial Conduct Authority ("FCA") and to the London Stock
Exchange for a block listing totalling 1,000,000 ordinary shares of
GBP0.05 each in the Company (the "Block Listing Shares") to be
admitted to the premium listing segment of the Official List of the
FCA and to trading on the London Stock Exchange's main market for
listed securities ("Block Listing Admission").
The Block Listing Shares will rank equally in all respects with
the existing issued ordinary shares of the Company. For further
information on the rights attaching to the ordinary shares please
refer to the articles of association of the Company.
The Block Listing Shares will be issued by the Company as and
when awards under the 2011 Long-Term Incentive Plan are
exercised.
The Block Listing Admission is expected to become effective on
20 September 2021.
Enquiries
Pharos Energy plc Tel: 0207 603 1515
Tony Hunter, Company Secretary
Camarco
Tel: 020 3757 4980
Billy Clegg | Owen Roberts | Monique Perks
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 100% working
interest in the El Fayum oil Concession in the Western Desert. The
Concession produces from 10 fields and is located 80 km southwest
of Cairo. It is operated by Petrosilah, a 50/50 JV between Pharos
and the Egyptian General Petroleum Corporation (EGPC). Pharos is
also an operator with a 100% working interest in the North Beni
Suef (NBS) Concession, which is located immediately south of the El
Fayum 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 Cairn Energy plc and Israel's Ratio Oil Exploration, have
eight licences offshore Israel. Each party has an equal working
interest and Cairn is the operator.
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.
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
ALSDKABKPBKDPCD
(END) Dow Jones Newswires
September 16, 2021 11:34 ET (15:34 GMT)
Soco (LSE:SIA)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Soco (LSE:SIA)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024