REG - Challenger Energy - Share consolidation and TVR

Challenger EnergyAnnouncement

07/08/2024 07:00

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RNS Number : 4917Z  Challenger Energy Group PLC  07 August 2024

7 August 2024

Challenger Energy Group PLC

("Challenger Energy" or the "Company")

 

Share consolidation and TVR

Challenger Energy (AIM:CEG) announces that following shareholder approval at
the Company's AGM on 30 July 2024, dealings in the New Ordinary Shares
following the Share Consolidation of 1 New Ordinary Share of 1 pence each
for 50 Existing Ordinary Shares of 0.02 pence each, held at the Record Date,
will commence as of 8.00 a.m. today.

The ISIN for the New Ordinary Shares is IM00BPLZ1D89 and the SEDOL is BPLZ1D8.

Total Voting Rights

Following completion of the Share Consolidation, the Company's issued share
capital consists of 209,881,322 New Ordinary Shares, with each Ordinary Share
carrying the right to one vote. The Company does not hold any Ordinary Shares
in treasury. This figure of 209,881,322 New Ordinary Shares may therefore be
used by shareholders in the Company, as the denominator for the calculations
by which they will determine if they are required to notify their interest in,
or a change in their interest in, the share capital of the Company under
the FCA's Disclosure Guidance and Transparency Rules.

This announcement should be read in conjunction with the Notice of AGM that
was published on 30 June 2024, copies of which are available on the Company's
website at https://cegplc.com/ (https://cegplc.com/)  and the Company's
announcement titled NOTICE OF ANNUAL GENERAL MEETING ("AGM")' on 30 June 2024
(the "Announcement"). Capitalised terms in this announcement have the same
meaning as given in the Announcement and Notice of AGM, unless the context
provides otherwise.

For further information, please contact:

 

 Challenger Energy Group PLC                                    Tel: +44 (0) 1624 647 882

 Eytan Uliel, Chief Executive Officer
 Zeus Capital Limited - Nomad and Broker                        Tel: +44 (0) 20 3829 5000

 Antonio Bossi / Simon Johnson / Darshan Patel / Isaac Hooper

 Gneiss Energy Limited - Financial Adviser                      Tel: +44 (0) 20 3983 9263

 Jon Fitzpatrick / Paul Weidman / Doug Rycroft
 CAMARCO                                                          Tel: +44 (0) 20 3757 4980

 Billy Clegg / Hugo Liddy / Sam Morris

 

Notes to Editors

 

Challenger Energy is an Atlantic-margin focused energy company, with
production, development, appraisal, and exploration assets in the region. The
Company's primary assets are located in Uruguay, where the Company holds high
impact offshore exploration licences. Challenger Energy is quoted on the AIM
market of the London Stock Exchange.

 

https://www.cegplc.com (https://www.cegplc.com/)

 

 

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