RE: Broker Notes31 May 2022 16:36
Very nice qf Zak states sle should be between 76p/121p on the old indirect interest of 10.58%.
If rto is concluded that goes up to 44%..
As previously announced, as part of the Potential Transaction, San Leon would increase its indirect economic interest in Eroton from 39.2% to 98.0% and, taking into account the completion of the Proposed Eroton Transaction, San Leon's initial indirect economic interest in OML 18 would increase from the current 10.58% to 44.1%.