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Challenger Energy Group ( (GB:CEG) ) has provided an announcement.
Challenger Energy Group has announced the exercise of options over 840,000 new ordinary shares by certain employees and ex-employees, resulting in an aggregate cash value of £42,000 for the company. The new shares are expected to be admitted to trading on the AIM market by February 10, 2025, and will rank equally with existing shares. This increase in share capital may impact shareholders’ calculations regarding their interests in the company under regulatory disclosure rules.
More about Challenger Energy Group
Challenger Energy is an Atlantic-margin focused energy company engaged in production, development, appraisal, and exploration activities. The company holds significant offshore exploration licenses in Uruguay, including partnerships with Chevron on the AREA-OFF 1 block. Challenger Energy is listed on the AIM market of the London Stock Exchange.
YTD Price Performance: 44.00%
Average Trading Volume: 826,314
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £22.04M
For detailed information about CEG stock, go to TipRanks’ Stock Analysis page.
