REG - Predator O&G Hldgs - Admission of Shares

Predator Oil & Gas HoldingsAnnouncement

09/03/2023 07:00

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RNS Number : 3662S  Predator Oil & Gas Holdings PLC  09 March 2023

FOR IMMEDIATE RELEASE

 9 March 2023

 

               Predator Oil & Gas Holdings Plc / Index: LSE
/ Epic: PRD / Sector: Oil & Gas

 
LEI 213800L7QXFURBFLDS54

Predator Oil & Gas Holdings Plc

("Predator" or the "Company" and together with its subsidiaries "the Group")

 

 

Admission of Shares

 

Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey based Oil and Gas
Company with near-term gas operations focussed on Morocco, announces that
further to the Company's announcement of 6 March 20223 that it had received an
exercise notice from Optiva Securities Limited ("Optiva") in respect of
2,035,714 warrants issued to it pursuant to warrant agreements with the
Company, 2,035,714 Ordinary Shares of no par value,  ranking pari passu with
the existing ordinary shares of the Company, were admitted to listing on the
Official List (standard listing segment) and to trading on the London Stock
Exchange's main market for listed securities ("Admission") effective at 8.00
am today

Total Voting Rights

Following Admission, the Company has shares of no par value in issue, each
with one vote per share (and none of which are held in treasury). The total
number of voting rights in the Company is therefore 385,794,903. This figure
of 385,794,903 may be used by shareholders in the Company as the denominator
for calculations to determine if they have a notifiable interest in the share
capital of the Company under the Disclosure Guidance and Transparency Rules,
or if such interest has changed.

 

For further information visit www.predatoroilandgas.com
(http://www.predatoroilandgas.com)

 

Follow the Company on twitter @PredatorOilGas.

 

This announcement contains inside information for the purposes of Article 7 of
the Regulation (EU) No 596/2014 on market abuse

 

For more information please visit the Company's website
at www.predatoroilandgas.com (http://www.predatoroilandgas.com/) :

 

 

Enquiries:

 Predator Oil & Gas Holdings Plc                                 Tel: +44 (0) 1534 834 600

 Paul Griffiths               Executive Chairman                 Info@predatoroilandgas.com (mailto:Info@predatoroilandgas.com)

 Lonny Baumgardner   Managing Director

 Novum Securities Limited                                        Tel: +44 (0) 207 399 9425

 Jon Belliss

 David Coffman

                                                                 Tel: +44 (0) 203 137 1902

 Optiva Securities Limited

 Christian Dennis

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

 Tim Thompson                                                    predator@flagstaffcomms.com (mailto:predator@flagstaffcomms.com)

 Mark Edwards

 Fergus Mellon

 

Notes to Editors:

 

Predator is operator of the Guercif Petroleum Agreement onshore Morocco which
is prospective for Tertiary gas in prospects less than 10 kilometres from the
Maghreb gas pipeline.  The MOU-1 well has been completed and a follow-up
testing programme is being finalised. The MOU-2 well has been suspended
pending evaluation and potential further well operations.

 

Predator is seeking to further develop the remaining oil reserves of
Trinidad's mature onshore oil fields through the application of CO2 EOR
techniques and by sequestrating anthropogenic carbon dioxide to produce
"greener" oil.

 

In addition, Predator also owns and operates exploration and appraisal assets
in licensing options offshore Ireland, for which successor authorisations have
been applied for, adjoining Vermilion's Corrib gas field in the Slyne Basin on
the Atlantic Margin and east of the decommissioned Kinsale gas field in the
Celtic Sea.

 

Predator has developed a Floating Storage and Regasification Project ("FSRUP")
for the import of LNG and its regassification for Ireland and is also
developing gas storage concepts to address security of gas supply and
volatility in gas prices during times of peak gas demand.

 

The Company has a highly experienced management team with a proven track
record in operations in the oil and gas industry.

 

 

 

 

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