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Share Price Information for Pantheon Resources plc (PANR)

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16.37    -1.35 (-7.62%)
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Spread: 0.08 (0.487%)
Market Cap: £238.66m
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Block Listing Six Monthly return

18 May 2023 17:40

RNS Number : 9510Z
Pantheon Resources PLC
18 May 2023
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Pantheon Resources plc

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Block Listing Six Monthly return

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Pantheon Resources plc ("Pantheon" or "the Company"), gives below the information required by Schedule 6 of the AIM Rules for Companies in connection to the Pantheon Resources plcΒ 2009 Discretionary Share Option Plan which was updated inΒ July 2020Β (the "Scheme").

Name of company:

Pantheon Resources Plc

Name of scheme:

Pantheon Resources PlcΒ 2009 Discretionary Share Option Plan

Period of return:

From: 18 November 2022

To: 18 May 2023

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Balance of unallotted securities under scheme from previous return:

23,930,000 Ordinary Shares of Β£0.01 each in the Company ("Ordinary Shares")Β 

The amount by which the block scheme has been increased since the date of the last return (if any increase has been applied for):

N/A

Number of securities issued/allotted under the scheme during the period:

nil

Balance under the scheme not yet issued at the end of the period subject to the block admission:

23,930,000 Ordinary Shares

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Number andΒ classΒ ofΒ securitiesΒ originally listed and the date of admission

32,830,000 Ordinary Shares on 18 May 2022

Total number ofΒ securitiesΒ in issue at the end of the period

787,855,052 Ordinary Shares

Name of contact:

Justin Hondris

Telephone number of contact:

+44 20 7484 5361

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Further information:

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Pantheon Resources plc

+44 20 7484 5361

Jay Cheatham, CEO

Justin Hondris, Director, Finance and Corporate Development

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Canaccord Genuity LimitedΒ (Nominated Adviser and broker)

Henry Fitzgerald-O'Connor,Β James Asensio, Gordon Hamilton

+44 20 7523 8000

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BlytheRay

Tim Blythe,Β Megan Ray, Matthew Bowld

+44 20 7138 3204

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Notes to Editors

Pantheon Resources plcΒ is an AIM listed Oil & Gas company focused on several large projects located on theΒ North SlopeΒ ofΒ AlaskaΒ ("ANS"), onshoreΒ USAΒ where it has a 100% working interest in 153,000 highly prospective acres with potential for multi billion barrels of oil recoverable. A major differentiator to other ANS projects is its close proximity to transport and pipeline infrastructure which offers a significant competitive advantage to Pantheon, allowing for materially lower capital costs and much quicker development times. The Group's stated objective is to create material value for its stakeholders through oil exploration, appraisal and development activities in high impact, highly prospective conventional assets, in theΒ USA; a highly established region for energy production with infrastructure, skilled personnel and low sovereign risk. All operations are onshoreΒ USA, with drilling costs materially below that of offshore wells.

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END
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