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Pin to quick picksArrow Explor. Share News (AXL)

Share Price Information for Arrow Explor. (AXL)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 19.50
Bid: 19.00
Ask: 20.00
Change: -0.75 (-3.70%)
Spread: 1.00 (5.263%)
Open: 20.50
High: 20.50
Low: 19.50
Prev. Close: 20.25
AXL Live PriceLast checked at -

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IN BRIEF: Arrow Exploration shareholders exercise warrants

Wed, 18th Oct 2023 16:15

Arrow Exploration Corp - oil and gas company with projects in Colombia and Canada - Announces the exercise of warrants by its largest shareholders and management. Explains the warrants were issued in conjunction with the fourth quarter 2021 financing and had an exercise price of GBP0.09 per share. The company's largest shareholder, Canacol Energy Ltd, has exercised 18.4 million warrants and now holds around 21% of Arrow's share capital. It intends to hold its current interest. Tim Leslie, has exercised 10.2 million warrants and now holds a 6.3% stake in the company.

Senior management have exercised warrants and have the resulting stakes in Arrow: Chair Gage Jull holds 2.1%, Chief Executive Marshall Abbot 1.9% and Chief Financial Officer Joe McFarlane 2.0%.

Current stock price: 18.65 pence

12-month change: up 5.1%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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6 Feb 2025 15:51

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5 Feb 2025 14:01

Arrow Exploration reports drilling progress at Alberta Llanos

(Sharecast News) - Arrow Exploration updated the market on its drilling operations at the Alberta Llanos field in Colombia's Llanos Basin on Wednesday, where it holds a 50% beneficial interest.

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Arrow Exploration reaches target depth at AB-1 well

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Arrow Exploration reports strongest ever quarterly figures

(Alliance News) - Arrow Exploration Corp on Thursday said it was planning for another year of growth as it realised strong on-year improvements in key performance metrics.

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Arrow Exploration says Colombia well performs above expectations

(Alliance News) - Arrow Exploration Corp on Wednesday said the CNB HZ-well 1 in Colombia is performing ahead of expectations, while another well as come into production and is also impressing.

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Arrow Exploration says drill results validate new technology

(Alliance News) - Arrow Exploration Corp shares surged on Wednesday, after the company said results at its first Ubaque horizontal well were "exceeding expectations".

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(Alliance News) - Stock prices in London continued to trend higher at midday on Wednesday, after data confirmed the return of UK inflation to its target rate of 2%.

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LONDON MARKET OPEN: FTSE 100 struggles despite UK inflation respite

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