26th Jul 2011 07:00
PRESIDENT PETROLEUM COMPANY PLC
("President" or "the Company")
25 July, 2011
Holding in Company
President Petroleum (AIM: PPC) has been notified by Levine Capital Management Limited ("LCM") that LCM has today increased its holding in President to 33,845,000 ordinary shares, through the purchase of 100,000 shares in the market at a price of 33.5 pence per share. LCM and its related parties now hold 29.5 per cent of the total issued share capital of the Company.
For further information contact:
President Petroleum Company |
|
John Hamilton, Interim Chairman | +44 (0) 207 811 0140 |
Ben Wilkinson, Finance Director | +44 (0) 207 811 0140 |
Evolution Securities |
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Tim Redfern, Neil Elliot, Adam James | +44 (0) 207 071 4300 |
Pelham Bell Pottinger | +44 (0) 207 861 3232 |
James Henderson, Mark Antelme, Jenny Renton |
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President Petroleum (AIM: PPC), is an oil and gas exploration and production company with onshore producing and exploration assets in Argentina and USA, and onshore exploration licences in South Australia.
Related Shares:
PPC.L