Business
Result of Retail Offer
Star Energy Group PLC announced the successful conclusion of its Retail Offer, raising £541,152.90 through the issuance of 3,607,686 Retail Offer Shares at 15 pence each. This brings the company's total gross proceeds from the Placing, Subscription, and Retail Offer to approximately £9.1 million. Application will be made for 60,531,015 New Ordinary Shares to be admitted to trading on AIM, with admission expected around May 19, 2026, subject to shareholder approval at the General Meeting on May 18, 2026. Disclaimer*
About this update from Star Energy Group Plc
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE RESTRICTED AND ARE NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN, NEW ZEALAND OR IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION. THE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE 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 STAR ENERGY GROUP PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY BY 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 STAR ENERGY GROUP PLC. 7 May 2026 Star Energy Group plc ("Star Energy" or "the Company") Result of Retail Offer Star Energy (AIM: STAR), a British energy company with core activities centring on oil and gas extraction, announces that the Retail Offer launched on 1 May 2026 via the BookBuild platform has raised in aggregate £541,152.90 through the issuance of 3,607,686 Retail Offer Shares at a price of 15 pence per share. Accordingly, the Company has conditionally raised total gross proceeds of approximately £9.1 million in aggregate by way of the Placing, the Subscription and the Retail Offer. A separate announcement will be made following the General Meeting as to the results of the General Meeting and the total voting rights following Admission. Capitalised terms used but not defined in this announcement have the meanings given to them in the Company's announcement released at 5:00pm on 30 April 2026 in respect of the Placing to raise approximately £8.5 million (before expenses), the Subscription to raise £31,000 (before expenses) and Retail Offer to raise up to £0.6m (before expenses) unless the context provides otherwise. Admission, settleme...
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