8th Sep 2021 16:56
Prospex Energy PLC - investment company - Notes that former directors may have exceeded share authorities granted at the end of June annual general meeting to issue new shares and rights over new shares in the company. Prospex says its current directors take this matter "seriously" and have been working with the company's UK counsel, as well as relevant past directors, to establish whether there has been a breach of any share authorities. Prospex says it is advised that this matter does not affect any shares issued recently or the rights of any warrant or option holder.
Current stock price: 3.38 pence
Year-to-date change: up 53%
By Evelina Grecenko; [email protected]
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