UK's Jadestone Energy rises after Prima Energy announces 28.3% stake deal
02/09/2026 11:43
BUZZ-UK's Jadestone Energy rises after Prima Energy announces 28.3% stake deal ** Shares of independent upstream oil and gas production co Jadestone Energy JSE.L up 4.6% at 36p
** PT Prima Petroleum Energi says it reached an agreement to acquire about 28.3% stake in JSE from funds managed by Tyrus Capital S.A.M.
** Prima Energy, an independent oil & gas co in Indonesia, says it has no intention of making an offer to acquire Jadestone Energy
** JSE says it has not yet received independent confirmation of interest sale
** As of last close, stock up ~54.47% YTD
(Reporting by Ankita Bora in Bengaluru)