LMS Capital PLC - London-based investment company - Says regulatory approvals in Romania for investment in Dacian Petroleum received. "The company should now be able to complete its purchase of an onshore oil and gas production business in Romania," LMS says. In August 2020, the company said it was leading an investment group aiming to acquire an interest in Dacian. Dacian LMS Capital to invest total of USD9.1 million in loan and equity capital for 32% holding.
Current stock price: 33.57 pence
Year-to-date change: up 12%
By Eric Cunha; ericcunha@alliancenews.com
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