Business
Exercise of Broker Warrants
Exercise of Broker Warrants.
About this update from Predator Oil & Gas Holdings Plc
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE\n26 June 2024\n \nPredator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil & Gas\nLEI 213800L7QXFURBFLDS54\nPredator Oil & Gas Holdings Plc\n(\"Predator\" or the \"Company\" and together with its subsidiaries the \"Group\")\n \nExercise of Broker Warrants\n \nPredator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with the Jersey based Oil and Gas Company with near-term hydrocarbon operations focussed on Morocco and Trinidad announces that it has received an exercise notice from Novum Securities Limited (\"Novum\") in respect of 5,221,203 warrants issued to it pursuant to warrant agreements with the Company:\n2,890,908 of the warrants are exercisable at 5.5 pence per share;\n1,780,412 of the warrants are exercisable at 5.7 pence per share; and\n549,883 of the warrants are exercisable at 8.0 pence per share.\nThe Company has therefore allotted and issued to Novum the total of 5,221,203 new ordinary shares (the \"New Shares\") following receipt of the aggregate £304,474.06.\nApplication is being made for the New Shares to be admitted listing on the Official List and to trading on the Main Market of the London Stock Exchange's which is expected to be on or around 1 July 2024.\nThe New Shares rank pari passu with the existing ordinary shares of the Company. Following the issue of the New Shares, the Company's issued ordinary share capital shall consist of 570,382,865 ordinary shares of no par value. The figure of 570,382,865 represents the total voting rights in the Company and should be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's (\"FCA\") Disclosure Guidance & Transparency Rules.\nFor further information visit www.predatoroilandgas.com\n \nFollow the Company on X @PredatorOilGas.\n \nThis announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on market abuse.\n \n \n \nFor more information please visit the Company's website at www.predatoroilandgas.com: \n \nEnquiries:\n\n\n\n\nPredator Oil & Gas Holdings Plc\nPaul Griffiths &nbs...