Challenger Energy Group PLC Share Consolidation & TVR (1751A)
May 28 2021 - 3:37AM
UK Regulatory
TIDMCEG
RNS Number : 1751A
Challenger Energy Group PLC
28 May 2021
28 May 2021
Challenger Energy Group PLC
("Challenger Energy" or the "Company")
Share Consolidation & TVR
Challenger Energy (AIM:CEG), the Caribbean and Atlantic margin
focused oil and gas company, with production, appraisal,
development and exploration assets across the region, announces
that following shareholder approval at the Company's EGM on 17 May
2021, the Share Consolidation of 1 New Ordinary Share of 0.02 pence
each for 10 Existing Ordinary Shares of 0.002 pence each, held at
the Record Date, has become effective as of 8.00 a.m. today.
The ISIN for the New Ordinary Shares is IM00BN2RD444 and the
SEDOL is BN2RD44.
Total Voting Rights
Following completion of the Share Consolidation, the Company's
issued share capital consists of 789,252,392 New Ordinary Shares,
with each Ordinary Share carrying the right to one vote. The
Company does not hold any Ordinary Shares in treasury. This figure
of 789,252,392 New Ordinary Shares may therefore be used by
shareholders in the Company, as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change in their interest in, the
share capital of the Company under the FCA's Disclosure Guidance
and Transparency Rules.
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
For further information, please contact:
Challenger Energy Group PLC Tel: +44 (0) 1624
Eytan Uliel, Chief Executive Officer 647 882
Strand Hanson Limited - Nomad Tel: +44 (0) 20
Rory Murphy / James Spinney / Rob 7409 3494
Patrick
Shore Capital Stockbrokers Limited Tel: +44 (0) 207
- J oint Broker 408 4090
Jerry Keen / Toby Gibbs
Investec Bank Plc - J oint Broker Tel: +4 4 (0) 207
Chris Sim / Rahul Sharma 597 5970
Gneiss Energy - Financial Adviser Tel: +44 (0) 20
Jon Fitzpatrick / Paul Weidman / Doug 3983 9263
Rycroft
CAMARCO Tel: +44 (0) 020 3757
Billy Clegg / James Crothers / Hugo 4980
Liddy
Notes to Editors
Challenger Energy is a Caribbean and Atlantic margin focused oil
and gas company, with a range of exploration, appraisal,
development and production assets and licences, located onshore in
Trinidad and Tobago, and Suriname, and offshore in the waters of
The Bahamas and Uruguay. In Trinidad and Tobago, Challenger Energy
has five (5) producing fields, two (2) appraisal / development
projects and a prospective exploration portfolio in the South West
Peninsula. In Suriname, Challenger Energy has on onshore appraisal
/ development project. Challenger Energy's exploration licence in
each of Uruguay and The Bahamas are highly prospective, and offer
high-impact value exposure within the overall portfolio value.
Challenger Energy is quoted on the AIM market of the London
Stock Exchange.
https://www.cegplc.com
ENDS
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END
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