REG - Wildcat Petroleum - Issue of Equity

Wildcat PetroleumAnnouncement

25/10/2024 12:00

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RNS Number : 7101J  Wildcat Petroleum PLC  25 October 2024

25 October 2024

Wildcat Petroleum Plc

("Wildcat", "WCAT" or the "Company")

Placing to raise £156,000

Wildcat Petroleum Plc ("WCAT" or "the Company") a company targeting investment
opportunities in businesses and assets within the upstream sector of the
petroleum industry is pleased to announce the placing of 130,000,000 New
Ordinary Shares at a price of 0.12p raising £156,000, (£145,000, net of
expenses). The New Ordinary Shares will rank pari passu with the Company's
existing issued Ordinary Shares. The Company intends to allot and issue these
New Ordinary Shares under its existing authorities on a non pre-emptive
basis.

An application has been made to the London Stock Exchange and Financial
Conduct Authority  for the New Ordinary Shares to be admitted to trading on
the Main Market (shell companies segment). Admission is expected to occur on
30 October 2024.

Conditional on Admission, the Company's issued ordinary share capital will
be 2,933,040,000 Ordinary Shares, which may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

Enquiries:

 Wildcat                   msingh@wildcatpetroleum.co.uk

 Mandhir Singh
 Guild Financial Advisory  ross.andrews@guildfin.co.uk

 Ross Andrews

Notes to Editors:

Wildcat Petroleum (LSE:WCAT) is listed on the standard segment of the official
list, with shares traded on the main market of the London Stock Exchange. WCAT
is seeking to acquire projects or a business operating in the upstream sector
of the petroleum industry - namely exploration, appraisal, development and
production of oil and gas, with a primary focus on assets that are at the
later phases of exploration and production.

https://www.wildcatpetroleum.co.uk/ (https://www.wildcatpetroleum.co.uk/)

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