Business
Issue of Equity
Issue of Equity.
About this update from Predator Oil & Gas Holdings Plc
[{"type":"text","content":"\n \n \n RNS Number : 4798M\n Predator Oil & Gas Holdings PLC\n 12 May 2020\n \n \n \n \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n 12 May 2020\n \n \n Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil & Gas\n \n \n Predator Oil & Gas Holdings Plc\n \n \n (\"Predator\" or the \"Company\" and together with its subsidiaries \"the Group\")\n \n \n \n \n \n Issue of Equity\n \n \n \n \n \n Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company, has received notice from Arato Global Opportunities Limited for the conversion of £99,500 of the Loan Note, issued on 15 February 2019, and accordingly Predator has today allotted and issued \n 5,217,462\n new ordinary shares, inclusive of the 5% conversion fee for the amount of the Loan Note being converted. The Company has made application for the admission \n of 5,217,462 new ordinary shares to listing on the Official List (standard listing segment) of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities which is expected to be effective on 13 May 2020. \n \n \n \n \n \n The Company advises that, following the issue of such 5,217,462 new ordinary shares, the Company's issued share capital is \n 212,531,749 \n shares of no par value, each with one vote per share (and no such shares are held in treasury). The total number of voting rights is therefore \n 212,531,749\n .\n This figure of 212,531,749 may be used by shareholders in the Company as the denominator for calculations to determine if they have a notifiable interest in the share capital of the Company under the Disclosure Guidance and Transparency Rules, or if such interest has changed.\n \n \n \n \n \n This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on market abuse\n \n \n \n \n \n For more information please visit the Company's website at \n \n \n www.predatoroilandgas.com\n \n \n : \n \n \n \n \n \n Enquiries:\n \n \n \n \n \n Predator Oil & Gas Holdings Plc\n \n \n Carl Kindinger Chairman\n \n \n Paul Griffiths Chief Executive Officer\n \n \n \n \n Tel: +44 (0) 1534 834 600\n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \...