REG - Pantheon Resources - Block Listing Six Monthly return

Pantheon ResourcesAnnouncement

18/05/2023 17:45

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RNS Number : 9510Z  Pantheon Resources PLC  18 May 2023

Pantheon Resources plc

 

Block Listing Six Monthly return

 

Pantheon Resources plc ("Pantheon" or "the Company"), gives below the
information required by Schedule 6 of the AIM Rules for Companies in
connection to the Pantheon Resources plc 2009 Discretionary Share Option Plan
which was updated in July 2020 (the "Scheme").

 Name of company:                                                                Pantheon Resources Plc
 Name of scheme:                                                                 Pantheon Resources Plc 2009 Discretionary Share Option Plan
 Period of return:                                                               From: 18 November 2022

                                                                                 To:   18 May 2023

 Balance of unallotted securities under scheme from previous return:             23,930,000 Ordinary Shares of £0.01 each in the Company ("Ordinary Shares")
 The amount by which the block scheme has been increased since the date of the   N/A
 last return (if any increase has been applied for):
 Number of securities issued/allotted under the scheme during the period:        nil
 Balance under the scheme not yet issued at the end of the period subject to     23,930,000 Ordinary Shares
 the block admission:

 Number and class of securities originally listed and the date of admission      32,830,000 Ordinary Shares on 18 May 2022
 Total number of securities in issue at the end of the period                    787,855,052 Ordinary Shares

 Name of contact:                                                                Justin Hondris
 Telephone number of contact:                                                    +44 20 7484 5361

 

 

Further information:

 

 Pantheon Resources plc                                       +44 20 7484 5361
 Jay Cheatham, CEO
 Justin Hondris, Director, Finance and Corporate Development

 Canaccord Genuity Limited (Nominated Adviser and broker)
 Henry Fitzgerald-O'Connor, James Asensio, Gordon Hamilton    +44 20 7523 8000

 BlytheRay
 Tim Blythe, Megan Ray, Matthew Bowld                         +44 20 7138 3204

 

 

 

Notes to Editors

Pantheon Resources plc is an AIM listed Oil & Gas company focused on
several large projects located on the North Slope of Alaska ("ANS"),
onshore USA where it has a 100% working interest in 153,000 highly
prospective acres with potential for multi billion barrels of oil recoverable.
A major differentiator to other ANS projects is its close proximity to
transport and pipeline infrastructure which offers a significant competitive
advantage to Pantheon, allowing for materially lower capital costs and much
quicker development times. The Group's stated objective is to create material
value for its stakeholders through oil exploration, appraisal and development
activities in high impact, highly prospective conventional assets, in
the USA; a highly established region for energy production with
infrastructure, skilled personnel and low sovereign risk. All operations are
onshore USA, with drilling costs materially below that of offshore wells.

 

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