Finance News Oil & Gas

Prospex receives £100,000 via warrant exercise

Posted on Author editorial Comments Off on Prospex receives £100,000 via warrant exercise

Prospex Energy plc received £100,000.50 following notice for the exercise of warrants to subscribe for 3,333,350 new ordinary shares of 0.1p each in the company.

The warrants were issued following a warrant agreement dated 23 February 2022 which related to a placing announced in March 2021. 

The exercise price is 3 pence per warrant exercised.

Following admission, Prospex will have a total of 270,792,728 ordinary shares in issue.

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