3rd Jul 2026 07:59
Harbour Energy PLC - oil and gas operator with operations in the UK, Norway, Argentina, Germany, Egypt and the Gulf of Mexico - Washington DC-based buyout fund Potomac View Investments LP, managed by EIG Management Co LLC, sells 54.8 million Harbour shares, a 3.5% stake, in a placing with institutional investors by Barclays Bank PLC. The placing is priced at 205 pence per share in an accelerated bookbuild, raising GBP112 million for Potomac and leaving it with no remaining holding in Harbour Energy. The placing was first announced after the London market close on Thursday. The fund sold a 3.8% interest in Harbour Energy in March at 255p per share. Potomac was one of the founding backers of Harbour Energy, with EIG providing initial funding as early as 2014.
Current stock price: closed Thursday at 217.20p
12-month change: up 0.9%
By Jeremy Cutler, Alliance News reporter; updated by Tom Waite, Alliance News editor
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