7 August 2024
Challenger Energy Group
PLC
("Challenger Energy" or the "Company")
Share consolidation and
TVR
Challenger Energy (AIM:CEG)
announces that following shareholder approval at the Company's AGM
on 30 July 2024, dealings in the New Ordinary Shares following
the Share Consolidation of 1 New Ordinary Share of 1
pence each for 50 Existing Ordinary Shares of 0.02
pence each, held at the Record Date, will commence as
of 8.00 a.m. today.
The ISIN for the New Ordinary Shares
is IM00BPLZ1D89 and
the SEDOL is BPLZ1D8.
Total Voting Rights
Following completion of the Share
Consolidation, the Company's issued share capital consists
of 209,881,322 New
Ordinary Shares, with each Ordinary Share carrying the right to one
vote. The Company does not hold any Ordinary Shares in treasury.
This figure of 209,881,322
New Ordinary Shares may therefore be used by
shareholders in the Company, as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change in their interest in, the
share capital of the Company under the FCA's Disclosure
Guidance and Transparency Rules.
This announcement should be read in conjunction with the
Notice of AGM that was published on 30 June 2024, copies of which
are available on the Company's website at https://cegplc.com/ and
the Company's announcement titled NOTICE OF ANNUAL GENERAL MEETING
("AGM")' on 30 June 2024 (the "Announcement"). Capitalised terms in
this announcement have the same meaning as given in the
Announcement and Notice of AGM, unless the context provides
otherwise.
For further information,
please contact:
|
Challenger Energy Group PLC
Eytan Uliel, Chief Executive
Officer
|
Tel: +44 (0) 1624 647 882
|
|
Zeus Capital Limited - Nomad and Broker
Antonio Bossi / Simon Johnson /
Darshan Patel / Isaac Hooper
|
Tel: +44 (0) 20 3829 5000
|
|
Gneiss Energy Limited - Financial Adviser
Jon Fitzpatrick / Paul Weidman /
Doug Rycroft
|
Tel: +44 (0) 20 3983 9263
|
|
CAMARCO
Billy Clegg / Hugo Liddy / Sam
Morris
|
Tel: +44 (0) 20 3757
4980
|
Notes to
Editors
Challenger Energy is an
Atlantic-margin focused energy company, with production,
development, appraisal, and exploration assets in the region. The
Company's primary assets are located in Uruguay, where the Company
holds high impact offshore exploration licences. Challenger Energy
is quoted on the AIM market of the London Stock
Exchange.
https://www.cegplc.com