27th Nov 2020 19:02
Serinus Energy PLC - upstream exploration and production firm with operations in Romania and Tunisia - Has conditionally raised gross proceeds of USD21 billion, through an oversubscribed placing of 787.9 million shares at 2 pence each. Shares will be admitted on December 17. Chief Executive Jeffrey Auld subscribes for 2.0 million shares, Chief Financial Officer Andrew Fairclough subscribes for 500,000 and Non-Exec Director Eleanor Barker subscribes for 400,000. Following admission, Serinus will have 1.023 trillion shares in issue.
Current stock price: 2.23 pence; down 35% on Friday
Year-to-date change: down 75%
By Paul McGowan; [email protected]
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