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Rose Petroleum Raises GBP300,000 Via Subscription, Appoints Chair (ALLISS)

Fri, 24th May 2019 12:56

LONDON (Alliance News) - Rose Petroleum PLC on Friday said it raised GBP300,000 after issuing 25 million shares at 1.2 pence each.

Rose Petroleum shares were trading down 2.6% at 1.29 pence each.

Furthermore, the company said it has appointed Colin Harrington as executive chair with immediate effect.

Harrington is currently a director of Origin Creek Energy LLC, Needham Ventures Ltd and Captiva Energy Holdings LLC.

Admission of the new shares to trading is expected on May 30, after which Rose will have 168.4 million shares.

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8 Sep 2014 08:57

Rose Petroleum Subsidiary Signs Joint Venture To Develop Mexico Mine

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8 Aug 2014 10:29

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8 Aug 2014 09:27

Rose Petroleum Promotes John Blair To be Head Of US Oil & Gas Assets

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5 Aug 2014 12:06

UK MIDDAY BRIEFING: UK Companies Take Big Sterling Hit

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5 Aug 2014 10:32

UK WINNERS & LOSERS: Intertek Enjoys Second Day Atop Leader Board

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5 Aug 2014 09:58

Rose Petroleum Carries Out Successful Integrity Testing

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25 Jul 2014 16:50

DIRECTOR DEALINGS: Rose Petroleum Chairman Sells Shares

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20 Jun 2014 12:24

UK MIDDAY BRIEFING: Shire Soars As AbbVie Confirms Approaches

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20 Jun 2014 11:20

UK WINNERS & LOSERS: Shire Leads FTSE 100 Risers

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20 Jun 2014 09:46

Friday broker round-up UPDATE

Berkeley Group: Credit Suisse ups target price from 2506p to 2550p reiterating a neutral rating. Crest Nicholson: Jefferies takes target price from 419p to 434p and maintains a buy recommendation. Debenhams: Investec lowers target price from 64p to 62p retaining a sell recommendation. Infinis: De

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20 Jun 2014 07:23

Rose Petroleum To Raise GBP6.5 Million In Placing, Subscription

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6 Jun 2014 08:32

Rose Petroleum Gets Notice That Loan Note To Be Converted

LONDON (Alliance News) - Rose Petroleum PLC Friday said it has received notice from the holders of its GBP1 million convertible loan note that they intend to convert the whole note into shares. In a statement, the company said it currently has a GBP1 million convertible loan note outstandin

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