Star Energy Group plc will issue 231,366 ordinary shares of 0.002p each under the company’s share incentive plan. The company said that the SIP shares would be held by Equiniti Share Plan Trustees Ltd. Following admission, the group’s issued capital will be 129,537,872 ordinary shares, each with one voting right. The number of deferred shares […]
Tag: Star Energy Group plc
Star Energy to exit shale gas
Star Energy Group plc plans to exit its shale gas licences to save licence fee costs and focus more on its producing oil and gas assets in the East Midland and Weald Basins. RIGHT-SIZE Ahead of today’s general meeting, chief executive Ross Glover said that production maintained “strong momentum” in line with guidance of circa […]
Star Energy CEO Chris Hopkinson steps down
Star Energy Group plc chief executive officer Chris Hopkinson has stepped down from the role and the board with immediate effect, after 12 months in the post. His replacement is Ross Glover who is expected to be appointed to the board following the company’s general meeting 12 June. Mr Hopkinson, who will not stand for […]
Star Energy closes new €25m loan
Star Energy Group plc has closed a new €25 million secured loan for continued investment in oil and gas utilising its existing cash flows and its transition to geothermal energy. ADVANTAGES The “tailored” facility with two components is provided by Kommunalkredit Austria AG and matures on 31 December 2028. Facility A will fund repayment of […]
Star Energy appoints Anthony White as board NED
Star Energy Group plc has appointed Anthony White MBE to the board as an independent non-executive director with immediate effect. Dr White, who joins the audit committee, has more than 35 years’ experience in international power markets and low carbon economy from capital markets analytical and industry strategy roles. He has been involved in developing […]
Star Energy appoints Aneliya Erdly as board NED
Star Energy Group plc has appointed Aneliya Erdly to the board as an independent non-executive director, with immediate effect. Ms Aneliya, who will be a member of the remuneration committee, is an executive with more than 18 years in power projects execution and asset management. Her experience includes building from scratch and running renewable energy […]