Finance News Oil & Gas

Predator receives £1.9m from directors’ shares sale

Predator Oil & Gas Holdings plc received a £1,890,000 loan before expenses after two directors sold 18 million shares. PROSPECTUS Predator said it had insufficient headroom for the issue and admission of new ordinary shares without an FCA-approved prospectus, which it expects to complete “in the coming weeks”. The company aims to publish a revised […]

Finance News Oil & Gas

Predator targets £2m in fundraise for Guercif drilling

Predator Oil & Gas Holdings plc looks to raise approximately £2 million from two executive directors’ share option exercises and a conditional two-tranche placing. SHARE OPTION SCHEME On 12 May, the company reported that managing director Paul Griffiths exercised 11,183,605 share options and executive chairman Lonny Baumgardner 7,928,444, in accordance with Predator’s unapproved share option […]

Finance News Oil & Gas

Predator receives £143,252 in warrant exercise

Predator Oil & Gas Holdings plc received £143,252.88 following a warrant exercise notice from Novum Securities Ltd. The warrant agreements date from May 2018 in connection with a placing in which Novum subscribed for 1,892,960 new shares at 2.8p per share and a February 2020 placing of 2,256,250 new shares at 4p per share. Predator has […]