Block Energy plc will issue 371,657 ordinary shares of 0.25p each, following an exercise of nil-cost share options, granted under the November 2025 capital structure simplification. TVRs Following admission, the company’s total issued share capital will comprise 1,469,751,612 ordinary shares, with one voting right each. The company does not hold any shares in treasury. Block […]
Month: September 2026
Serica to expand globally with £145.7m offer for Pharos
Serica Energy plc has agreed to buy Pharos Energy plc for approximately £145.7 million. COMPELLING Pharos’ assets include interests in two production fields holds, TGT and CNV, with potential from two additional exploration blocks, 125 and 126, in Vietnam, where is has been since 1997. The company additionally has interests in the El Fayum and […]
Tertiary appoints new director
Tertiary Minerals plc has appointed Lorenz Werndle as an independent non-executive director to the board, with immediate effect. Mr Werndle replaces Donald McAlister, who will leave on 4 August 2026 due to other full-time work commitments. Mr McAlister has served on Tertiary’s board for more than 25 years, since the company first began trading. “Donald will be […]
Anglesey appoints principal geologist
Anglesey Mining plc has appointed James McFarlane as principal geologist on a retained basis. A chartered geologist and chartered engineer, Mr McFarlane was managing director from 2022 to 2023 of Tungsten West plc which is preparing to restart the Hemerdon tungsten-tin mine in Devon. He holds more than 20 years’ international experience across mineral exploration, resource […]
Union Jack sets date for requisitioned meeting
Union Jack Oil plc has set the date for a requisitioned general meeting for its shareholders’ vote on the directors’ future and the company’s £6.14 million sale to Reabold Resources plc. MISGUIDED The company initially deferred the general meeting on 26 June 2026 while the offer talks continued and, following a requisition notice on 7 […]
Deltic £7.2m sale receives NSTA approval
Deltic Energy plc’s cash sale of £7.2 million to Neo Next+, and the change of control of assets, has received approval from industry regulator the North Sea Transition Authority. DATES The sale, by way of a court-sanctioned scheme, remains subject to conditions outstanding. A sanction hearing is scheduled for 13 August 2026 at the High […]