tiprankstipranks
Company Announcements

Global Petroleum Announces Share Issuance to Consultant

Story Highlights
Global Petroleum Announces Share Issuance to Consultant

Discover the Best Stocks and Maximize Your Portfolio:

Global Petroleum ( (GB:GBP) ) just unveiled an announcement.

Global Petroleum Ltd has announced the issuance of a second tranche of 2,777,778 shares to its media and marketing consultant as compensation for services rendered. These shares are priced at £0.0027 each and are set to be admitted to trading on AIM by February 17, 2025. The total issued share capital will rise to 4,619,255,122 ordinary shares, affecting shareholder calculations under FCA’s Disclosure Guidance and Transparency Rules.

More about Global Petroleum

Global Petroleum Ltd is a company operating within the oil and gas industry, primarily focused on petroleum exploration and development. It is listed on the London Stock Exchange’s AIM market under the ticker GBP.

YTD Price Performance: -45.86%

Average Trading Volume: 89,326,552

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £7.39M

For an in-depth examination of GBP stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1