REG - Pennpetro Energy PLC - Placing

Pennpetro EnergyAnnouncement

01/08/2024 08:00

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RNS Number : 7625Y  Pennpetro Energy PLC  01 August 2024

1 August 2024

 

Pennpetro Energy plc

("Pennpetro" or "the Company")

 

Placing

Pennpetro is pleased to announce that it has it has raised £360,000 by way of
a placing ("Placing") of 6,000,000 new ordinary shares at a price of 6 pence
per share ("Placing Shares").  The Placing was conducted by the Company's
corporate broker, Peterhouse Capital Limited.

Application will be made for admission of the Placing Shares to listing
following the Company's ordinary shares return from suspension. The Placing is
only conditional upon the issue of the Placing Shares.

This announcement contains inside information for the purposes of Article 7 of
Regulation 2014/596/EU which is part of domestic UK law pursuant to the
Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310).

For further information contact, or follow us on X @pennpetro:

 

 Pennpetro Energy PLC:                                                                      tme@pennpetroenergy.com (mailto:tme@pennpetroenergy.com)

 Tom Evans, CEO                                                                             +44 (0) 7881825378

  David Lenigas, Chairman                                                                  lenigas@monaco-capital.com
 Peterhouse Capital Limited                                                                +44 (0) 20 7469 0930

                                                                                           +44 (0) 20 7220 9797

 Flagstaff Strategic and Investor Communications                                           +44(0) 207 129 1474

 Tim Thompson                                                                              pennpetro@flagstaffcomms.com

 Alison Allfrey

 Anna
 Probert

 

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