RE: New start consolidation25 Sep 2023 18:41
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Implementation of Share Consolidation
Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the international energy production and development company, announces the following information in respect of the share consolidation that was approved by shareholders at the Company's annual general meeting held on April 14, 2023 (the "Consolidation").
Under the Consolidation, one new common share of no par value ("New Common Shares") will be issued for every ten existing common shares of no par value ("Old Common Shares").
Applications will be made for the New Common Shares to be admitted to the standard segment of the FCA Official List and to trading on the Main Market for listed securities of the London Stock Exchange.