Business
REX Retail Offer
REX Retail Offer.
About this update from Sunda Energy Plc
[{"type":"text","content":"\n \n \n \n NOT 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 \n \n \n \n \n \n \n \n \n THE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE REX 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 BARON OIL 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 BARON OIL PLC.\n \n \n \n \n \n \n \n \n \n \n \n 15 November 2022\n \n \n \n \n \n \n Baron Oil Plc\n \n \n \n \n \n \n \n \n \n (\"Baron Oil\", \"Baron\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n REX Retail Offer\n \n \n \n \n \n \n Baron Oil (AIM: BOIL), the AIM-quoted oil and gas exploration company, announces a retail offer via REX (the \"REX Retail Offer\") of up to 833,333,333 new ordinary shares (\"Ordinary Shares\") of 0.025 pence each in the capital of the Company (the \"REX Retail Offer Shares\").\n \n \n \n \n \n In addition to the REX Retail Offer, the\n Company\n is also conducting a placing and subscription of a total of 4,166,666,667 new Ordinary Shares\n (the\n \"\n \n Placing and Subscription Shares\n \n \"\n )\n to raise\n £\n 5\n million before expenses\n (the\n \"\n \n Placing and Subscription\n \n \"\n )\n at a price of\n 0.12\n pence per new Ordinary Share (the \"Issue Price\")\n . The issue price of the REX Retail Offer Shares is equal to the Issue Price.\n \n \n \n \n \n A separate announcement has been made earlier today by ...