24th Feb 2014 11:08
LONDON (Alliance News) - President Energy PLC said Monday it has raised USD50.8 million through a placing and open offer of a total of just over 89 million shares.
The oil and gas company said 1.4 million shares or 11.9% of the total open offer of shares have been subscribed for, each at 35 pence per share.
Shares in President Energy were trading flat Monday morning at 32.25 pence per share.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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Related Shares:
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