PRAX Exploration DCU 2 (PRAX2:JPJ)
Prax Exploration & Production PLC acquired Hurricane Energy plc in June 2023. Hurricane shareholders received a Deferred Consideration Unit (DCU) per share, granting 17.5% of net revenues until 31 Dec 2026, capped at 6.48 pence per DCU. Payments are biannual, 90 days after each period ends. Class I DCU holders receive loan notes, redeemable in cash six months after issuance.
Company Data
| Bid | - |
|---|---|
| Ask | - |
| TIDM | PRAX2:JPJ |
| Currency | GBX |
| Shares in Issue | 0 |
| Trading | Continuous |
| Class | DCU |
| Settlement | CREST |
| Industry | Energy Generation & Supply |
| ISIN | GB00BQS92151 |
Recent Trades
| Date/Time | Volume | Price |
|---|---|---|
| 20-Jun-25 14:37:05 | 2,560 | GBX 1.70 |
| 20-Jun-25 08:13:03 | 44,877 | GBX 1.70 |
| 19-Jun-25 08:52:47 | 4,334 | GBX 1.20 |
| 19-May-25 10:39:34 | 17,500 | GBX 1.70 |
| 19-May-25 10:39:34 | 17,500 | GBX 1.70 |
| 16-May-25 11:11:01 | 2,590 | GBX 1.70 |
| 14-May-25 10:53:25 | 6,896 | GBX 1.70 |
| 13-May-25 08:39:18 | 3,640 | GBX 1.76 |
| 07-May-25 13:41:41 | 2,431 | GBX 1.77 |
| 06-May-25 16:11:33 | 2,532 | GBX 1.70 |
Latest Regulatory News for PRAX Exploration DCU 2
| Date | Source | Headline | |
|---|---|---|---|
| |||
Share Discussion for PRAX Exploration DCU 2
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