Sunda Energy plc has issued 43,824,701 new ordinary shares after converting £500,000 of the outstanding convertible loan notes, plus a £50,000 finance charge, following notice from Alumni Capital Ltd. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.255 pence. Sunda has also granted to Alumni 25,283,481 CLN warrants, […]
Tag: oil and gas
Union Jack director leaves
Union Jack Oil plc non-executive director John Americanos has left the company, “by a resolution of the board with immediate effect,” after just six months in the post. OFFER His vacated office was announced in a single-sentence statement on 26 June 2026. Mr Americanos, who is a Chartered Certified Accountant, took up the post of […]
Union Jack adjourns AGM as offer talks continue
Union Jack Oil plc has adjourned its annual general meeting, including shareholders’ vote on re-election of its directors, in the light of Reabold Resources plc’s offer for the company. IMPACT Executive chairman David Bramhill said that discussions with Reabold continued on the detailed terms of the possible offer. “I believe that the making of an […]
Prospex CEO buys 500,000 shares
Prospex Energy plc chief executive officer Tom Reynolds today bought 500,000 ordinary shares of 0.1 pence each in the company, at an average 3.12 pence per ordinary share. HOLDINGS The £15,600 purchase results in Mr Reynolds holding 1,198,549 ordinary shares, representing approximately 0.28% of Prospex’s total issued share capital. The company has onshore gas exploration and […]
Borders issues 400,000 new shares
Borders & Southern Petroleum plc has issued 401,300 new ordinary shares of one pence each, following a warrant exercise at 10 pence per warrant share, for an aggregate £40,130. TVRs Following admission, the company’s total issued share capital will comprise 881,444,324 ordinary shares, with voting rights. Borders does not hold any ordinary shares in treasury. The company […]
Angus conditionally raises £3m to restructure debt
Angus Energy plc has conditionally raised £3 million, via a placing and subscription of 1.5 billion new ordinary shares, at 0.2p per share, to support a restructuring agreement with its lenders. CREDITORS Net proceeds will help pay for a fourth well at the Saltfleetby gas field in East Lincolnshire, and the well workover at Brockham […]