London-listed Predator Oil & Gas falls on discounted placing

Predator Oil & Gas Holdings

01/08/2023 10:14

** Shares of Predator Oil & Gas Holdings  PRDP.L  fall as
much as 16.5% to 12.11p 
    ** Co raises 10 mln pounds via discounted placing of shares
    ** Placing price of 11p per share, a discount of about 24%
to last close
    ** Stock on track to log fifth consecutive session of
losses, if trend holds
    ** Up to last close, stock had risen 45% so far this year 

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))