Prospex Energy plc received notices to convert a total £109,043.57 in the final two of a group of convertible loan notes into 2,565,732 new ordinary shares each of 0.1p in the company. The CLNs, issued in July 2022, are convertible at 4.25p per share. On admission, the company will have 329,272,881 ordinary shares in issue. “These […]
Tag: Prospex Energy plc
Prospex issues 14m shares to settle £642,000 CLNs
Prospex Energy plc has issued just over 14 million new ordinary shares to settle £642,000 in convertible loan notes (CLNs) from last year. The company yesterday received notices to convert £453,562.27 in four CLNs in exchange for 10,672,055 new ordinary shares of 0.1p each in the company. The CLNs, issued in July 2022, are convertible […]
Swing to a loss still leaves Prospex on ‘sound footing’
Prospex Energy plc’s swing to a loss has failed to dent its optimism with the start of gas production in the Po Valley and approvals pending for more wells in Italy and Spain. FINANCES Half-year results to 30 June showed £888,473 loss after taxation from operations (H1 2022: profit £5,120,408). The figures includes unrealised losses of […]
Prospex converts £225,377 CLNs to 5.3m shares
Prospex Energy plc received notices to convert a total £225,377.72 in two convertible loan notes (CLNs) in exchange for 5,303,006 new ordinary shares of 0.1p each in the company. The CLNs, issued in July 2022, are convertible at 4.25p per share. On admission, Prospex will have a total of 312,603,360 ordinary shares in issue. Chief executive […]
Prospex converts £105,000 CLN for 2.5m shares
Prospex Energy plc has received notice to convert a total £104,745.81 in a convertible loan note in exchange for 2,464,608 new ordinary shares of 0.1p each in the company. The convertible loan note, issued in July 2022, is convertible at 4.25p per share. Following admission, the company will have 307,300,354 ordinary shares in issue.
Prospex converts £471,000 CLNs for 11m shares
Prospex Energy plc has received notices to convert £470,840.17 in four convertible loan notes (CLNs) for 11,078,594 new ordinary shares of 0.1p each in the company. The CLNs, issued in July 2022, are convertible at 4.25p per share. Following admission, the company will have 304,835,746 ordinary shares in issue. Prospex holds gas interests in Selva (37%) […]