Predator Oil & Gas Holdings plc has received £50,000 after former director Louis Castro exercised one million share options.
The exercise is in accordance with the company’s unapproved share option scheme dated 27 October 2020 to subscribe for 1,650,000 new shares of no par value in the company at 5p per share.
Following admission, Predator’s issued share capital will be 426,403,414 shares of no par value, each with one vote. No such shares are held in treasury.