Business
WRAP Retail Offer for up to £350,000
Europa Oil & Gas (Holdings) PLC is launching a WRAP Retail Offer to raise up to £350,000 through the issuance of new ordinary shares at 1.2 pence per share, with up to 29,166,667 shares available. Investors in this offer will receive one warrant for every four shares purchased, exercisable at 2 pence within two years. This retail offer is conditional on the completion of a larger placing aiming to raise approximately £3.5 million at the same price per share. The proceeds from both the retail offer and the placing will be used for the same purposes, as detailed in a separate announcement. Admission of the new shares to AIM is anticipated on March 3, 2026. Disclaimer*
About this update from Europa Oil & Gas (holdings) Plc
[{"type":"text","content":"\n\n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\n \nTHE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE WRAP RETAIL OFFER AS A FINANCIAL PROMOTION IS ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF EUROPA OIL & GAS PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY WITH SUCH PERSONS. THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF EUROPA OIL & GAS.\n \n10 February 2026\n \nEuropa Oil & Gas (holdings) PLC\n(\"Europa\" or the \"Company\")\n \nWRAP Retail Offer for up to £350,000\n \nEuropa Oil & Gas (Holdings) plc, (AIM: EOG) the AIM quoted West Africa, UK and Ireland focused oil and gas exploration, development and production company, is pleased to announce a retail offer via the Winterflood Retail Access Platform (\"WRAP\") to raise up to £350,000 (the \"WRAP Retail Offer\") through the issue of new ordinary shares of £0.01 each in the capital of the Company (\"Ordinary Shares\"). \n \nUnder the WRAP Retail Offer up to 29,166,667 new Ordinary Shares (the \"WRAP Retail Offer Shares\") will be made available at a price of 1.2 pence per share.\n \nAs part of the WRAP Retail Offer, the Company has agreed that 1 warrant for every 4 WRAP Retail Offer Shares will be granted (for no additional subscription cost), with each warrant entitling the holder to acquire one new Ordinary Share at a price of 2 pence up to expiry on the date 2 years after the admission of the WRAP Retail Shares to trading on AIM.\nIn...