Last checked at 18 May 2023 17:40
Pantheon Resources plc
Block Listing Six Monthly return
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 plc 2009 Discretionary Share Option Plan which was updated in July 2020 (the "Scheme").
Name of company: | Pantheon Resources Plc |
Name of scheme: | Pantheon Resources Plc 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 £0.01 each in the Company ("Ordinary Shares") |
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 and class of securities originally listed and the date of admission | 32,830,000 Ordinary Shares on 18 May 2022 |
Total number of securities 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 |
Further information:
Pantheon Resources plc | +44 20 7484 5361 |
Jay Cheatham, CEO | |
Justin Hondris, Director, Finance and Corporate Development
| |
Canaccord Genuity Limited (Nominated Adviser and broker) | |
Henry Fitzgerald-O'Connor, James Asensio, Gordon Hamilton | +44 20 7523 8000 |
BlytheRay | |
Tim Blythe, Megan Ray, Matthew Bowld | +44 20 7138 3204 |
Notes to Editors
Pantheon Resources plc is an AIM listed Oil & Gas company focused on several large projects located on the North Slope of Alaska ("ANS"), onshore USA 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 the USA; a highly established region for energy production with infrastructure, skilled personnel and low sovereign risk. All operations are onshore USA, with drilling costs materially below that of offshore wells.