Finance News Oil & Gas

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 […]

News Oil & Gas

Prospex grants 14.35m share options

Prospex Energy plc has granted a total of 14,350,000 share options in the company to directors and other staff, following its review of staff remuneration.  DIRECTORS The award the options was deferred from the first quarter of 2026, pending publication of the company’s annual report. Prospex said that the options represent 3.31% of its current […]

Finance News Oil & Gas

Prospex CEO increases shareholding

Prospex Energy plc chief executive officer Tom Reynolds has bought 698,549 ordinary shares of 0.1 pence each in the company, at an 3.58p per ordinary share. Following the £25,000 transaction on 4 June 2026, Mr Reynolds has a beneficial interest in 698,549 ordinary shares, representing 0.16% of the company’s total issued share capital. Prospex holds onshore […]

Company Moves News Oil & Gas

Prospex appoints non-executive director

Prospex Energy plc has appointed Simon Ashby-Rudd as a non-executive director, with immediate effect. NED Andrew Hay will not stand for re-election at the company’s general meeting, expected in June 2026. Non-executive chairman Bill Smith said that Mr Hay had “ably served the company as a non-executive director since 2023”, adding: “Andrew’s contributions, insights and […]

Finance News Oil & Gas

Prospex raises £2m from CLN

Prospex Energy plc has raised £2 million through its unsecured convertible loan notes, including £653,950 from an extended offering. GAS The overall figure is 25% greater than the initial target of £1.6m, due to strong demand. Net proceeds will support the company’s onshore gas projects, including expenditure in Italy and Spain. The company said its […]

Finance News Oil & Gas

Prospex CLNs reach £1.3m

Prospex Energy plc said it had received committed subscriptions totalling £1,346,050 for the offering of its unsecured convertible loan notes, each of £1 and convertible at three pence. DIRECTORS’ DEALINGS The overall proceeds will mainly fund the company’s 37% share of 3D seismic acquisition, completed in December 2025, at the Selva Malvezzi concession, in the […]