4th Jun 2020 18:22
(Alliance News) - President Energy PLC on Thursday said it has closed PrimaryBid share offer, raising GBP2.2 million through the issue of 121.3 million shares at 1.85 pence each.
The Argentina-focused oil and gas company said total gross proceeds raised under the separate share placing and PrimaryBid offer amount to GBP4.7 million.
Shares in the company closed at 1.82p each in London, down 24%.
By Tapan Panchal; [email protected]
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