PANR Pantheon Resources Plc

TIDMPANR

RNS Number : 0675J

Pantheon Resources PLC

14 August 2019

14 August 2019

Pantheon Resources plc

Issue of Equity

Pantheon Resources plc (AIM:PANR), the AIM-quoted oil and gas exploration company with working interests in several conventional project areas in Tyler and Polk Counties, onshore East Texas, and onshore North Slope of Alaska, announces that certain advisers who provided services to the Company during the recent Capital Raising announced on 19(th) July 2019 have agreed to subscribe for, in aggregate, 439,684 new Ordinary Shares in the Company (the "Adviser Shares"). The Adviser Shares have been subscribed for at the Issue Price of 18 pence per share.

Application will be made to the London Stock Exchange for the Adviser Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will take place and dealings in the new Ordinary Shares will commence on AIM at 8.00 a.m. on or around 20 August 2019.

The total voting rights figure immediately following Admission of 502,758,713 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the DTRs.

This announcement contains inside information for the purposes of the Market Abuse Regulation (596/2014/EU). Upon the publication of this announcement, this inside information is now considered to be in the public domain and such persons shall therefore cease to be in possession of inside information.

 
Pantheon                                           020 7484 5361 
Jay Cheatham, CEO 
 Justin Hondris, Director, Finance and Corporate 
 Development 
Arden Partners plc (Nominated Adviser and 
 Broker)                                           0207 614 5950 
Paul Shackleton / Dan Gee-Summons - Corporate 
 Finance 
 Simon Johnson - Corporate Broker 
 Fraser Marshall - Equity Sales 
Blytheweigh (PR) 
 Tim Blythe 
 Julia Tilley 
 Jane Lenton                                       0207 138 3204 
 

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.

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August 14, 2019 07:11 ET (11:11 GMT)

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