Shareholding Restructure by Majority Shareholder

RNS Number : 1760K
Regal Petroleum PLC
12 December 2018
 

12 December 2018

 

 

Regal Petroleum plc

("Regal" or the "Company")

 

Shareholding Restructure by Majority Shareholder

 

Regal Petroleum plc (AIM: RPT), the AIM-quoted oil and gas exploration and production group, notes the shareholder notifications published today from each of Energees Management Limited and Pelidona Services Limited detailing changes to their respective shareholding interests in the issued share capital of the Company.

 

The Company has been advised by Energees Management Limited and Pelidona Services Limited that these changes are due to an internal restructuring and do not affect the ultimate beneficial ownership of this shareholding in the Company. 

 

Energees Management Limited is wholly owned by Pelidona Services Limited, and the changes to their respective shareholding interests reflect the transfer by Energees Management Limited of its entire shareholding in the Company of 173,128,587 ordinary shares (representing 54% of the issued share capital of the Company) to its immediate parent, Pelidona Services Limited.

 

Following this transfer, the chain of ownership relating to this shareholding in the Company is Pelidona Services Limited, which is 100% owned by Lovitia Investments Limited, which is 100% owned by Mr Vadim Novinskiy.

 

 

 

 

For further information, please contact:

 

Regal Petroleum plc

Tel: 020 3427 3550 

Chris Hopkinson, Chairman

Sergii Glazunov, Chief Executive Officer




Strand Hanson Limited

Tel: 020 7409 3494

Rory Murphy / Richard Tulloch

 

 

 

Citigate Dewe Rogerson

Tel: 020 7638 9571

Nick Hayns / Elizabeth Kittle

 

 

 


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