Star Energy Group plc has issued 60,531,015 new shares in relation to the placing, subscription and retail offer held earlier this month, which raised an aggregate £9.1 million. TVRs The shares issue follows shareholders’ approval at the company’s general meeting today. Following admission, Star’s total issued share capital will comprise 191,865,143 ordinary shares, with voting […]
Tag: retail offer
Lansdowne raises £99,260
Lansdowne Oil & Gas plc has raised £99,259 through its retail offer of 99,259,000 new ordinary shares at the issue price of 0.1 pence per share. TVRs The sum adds to the funds raised earlier this month through a placing of 1.9 billion shares, for gross proceeds of £1,999,259, subject to shareholder approval at a […]
Star raises £541,000 via retail offer
Star Energy Group plc has raised £541,152.90 via a retail offer of 3,607,686 shares at a price of 15 pence per share. ADMISSION The sum adds to the £8.5 million raised through a placing and subscription on 1 May, taking the total fundraise to £9.1m. The company has applied for the retail offer shares, 56,716,664 […]
Star conditionally raises £8.5m
Star Energy Group plc has conditionally raised gross £8.5 million, through the placing of 56,716,664 shares to new and existing investors. DIRECTORS The company also plans to raise £600,000 through a retail offer of up to four million shares for existing shareholders, with the result expected on 7 May 2026. Star directors also took part […]
Block completes $6.3m fundraise
Block Energy plc has raised US$6.3 million (£4.66m) from a private placement and retail offer to fund its investment in two oil and gas production sharing contracts, offshore Gabon. TVRs The company raised $6.23 million (£4.61m) through the placing of 418,701,200 shares, at the issue price of 1.1 pence per ordinary share. The retail offer […]
Block agrees conditional entry into Gabon
Block Energy plc has conditionally agreed to invest in the Ndjila and Mpari production sharing contracts offshore Gabon, through a proposed US$6.3 million (£4.65m) fundraise. POTENTIAL The agreement, which adds to the company’s existing Georgia oil and gas asssets, is with Pilgrim Exploration Ltd whose subsidiaries own a 90% interest in the PSCs. The project […]