3rd Nov 2023 17:02
Barryroe Offshore Energy PLC - Dublin-based oil and gas explorer - Says proposals for a scheme of arrangement were approved by the High Court in Dublin on Friday, with November 8 set as the date of implementation. On that date, the interest of the shareholders in the total issued share capital of the company will be eliminated. The shareholders will receive no distribution on account of their shares and the existing shares and all and any rights attaching will be cancelled. Following that, the admission of shares to trading on AIM will cease on November 9.
Current stock price: 0.50 pence
12-month change: down 99%
By Holly Beveridge, Alliance News reporter
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