Prospex Energy plc received £87,677.88 following notice to exercise of options to subscribe for 2,191,947 new ordinary shares of 0.1p each in the company. AGREEMENTS The options were issued pursuant to option agreements dated 20 July 2020 and were exercised by two directors and an employee. The exercise price is 4 pence per option exercised. […]
Tag: Prospex Energy plc
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. […]
Prospex Energy receives £70,640 via options exercise
Prospex Energy plc received £70,640.52 following notices to exercise options to subscribe for 1,766,013 new ordinary shares of 0.1p each in the company. The options were issued pursuant to option agreements dated 20 July 2020 and have been exercised by three former employees of the company, two of whom are past directors. The exercise price […]
Prospex JV secures land rights for production
Prospex Energy plc’s joint venture (JV) partner has secured the land rights in readiness for production at the Podere Maiar licence in the Selva gas field, Po Valley, North Italy. JOINT VENTURE The JV comprises Prospex (37%) and operator Po Valley Energy Ltd (63%). PROGRAMME Prospex said that Po Valley had approved all payments to […]
Prospex receives £90,000 via warrant exercise
Prospex Energy plc has received £90,000.48 following notice for the exercise of warrants to subscribe for 3,000,016 new ordinary shares of 0.1p in the company. Since July 2022, the gas and power company has gained a total £2,739,400 from the proceeds of warrant exercises and loan notes. Today’s news relates to warrant agreements from February […]
Prospex receives £80,000 via warrant exercise
Prospex Energy plc received £79,999.50 following notice for the exercise of warrants to subscribe for 2,666,650 new ordinary shares of 0.1p each in the company. The warrants were issued pursuant to a warrant agreement in February 2022, relating to a placing announced in March 2021. The exercise price is 3 pence per warrant exercised. Following admission, Prospex […]