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Pin to quick picksParkmead Regulatory News (PMG)

Share Price Information for Parkmead (PMG)

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Share Price: 12.50
Bid: 12.00
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Change: 0.00 (0.00%)
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Open: 12.50
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Acquisition

6 Dec 2007 16:59

Parkmead Group (The) PLC06 December 2007 Thursday December 6th THE PARKMEAD GROUP PLC ("Parkmead" or the "Group") Acquisition of 3.07 % stake in Faroe Petroleum plc ("Faroe"). The Parkmead Group plc (PMG) reports that it has acquired 3.07% of the listedshare capital of Faroe (2,277,831 shares). Faroe Petroleum is an independentoil and gas company focused on value creation through exploration and appraisaldrilling in the Atlantic Margin (Faroe Islands and UK West of Shetlands), the UKNorth Sea, the Norwegian North Sea and the Dutch North Sea. For the 6 monthsended 30 June 2007 Faroe reported a net loss of £0.583 million and its netassets as at 30 June 2007 were £51.551 million. The cost of the acquisition,which will be settled in cash, is £4.124 million and the effect on Parkmead willbe to reduce its cash resources by the same amount. The holding represents a strategic stake in the exploration and productionsector for Parkmead. Commenting on the investment, Niall Doran, Chief Executive of the Group, said: "This is our second wholly energy focused investment. We are activelyevaluating further investments and hope to make further announcements in duecourse." -Ends- For further information: The Parkmead Group plc 020 7494 5770Niall Doran CEOGordon Ashworth, CFO Madano Partnership 0207 593 4000Matthew Moth Charles Stanley Securities 0207 149 6482Rick Thompson This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
20th Jun 20121:58 pmRNSForm 8.3 - Parkmead Group ( The ) PLC
18th Jun 20128:06 amRNSForm 8.3 - The Parkmead Group Plc
15th Jun 201212:13 pmRNSForm 8.3 -Parkmead Group (The) PLC
15th Jun 201210:35 amRNSForm 8.3 - The Parkmead Group Plc
14th Jun 20124:17 pmRNSPaul Curtis Form 8.3 - Deo Petroleum Plc
14th Jun 201212:50 pmRNSForm 8.3 - Parkmead Group ( The ) PLC
14th Jun 201212:32 pmRNSForm 8.3 - The Parkmead Group Plc
14th Jun 201210:20 amRNSForm 8.3 - Parkmead Group (The) PLC
13th Jun 20124:45 pmRNSForm 8.3 - Niall Doran
13th Jun 201212:38 pmRNSForm 8.3 - David Rose
13th Jun 201210:48 amRNSForm 8.3 - The Parkmead Group Plc
13th Jun 201210:14 amRNSForm 8.3 - Professor Alex Kemp
12th Jun 20121:31 pmRNSForm 8.3 - Parkmead Group (The) PLC
12th Jun 201210:24 amRNSForm 8.3 - The Parkmead Group Plc
11th Jun 201212:27 pmRNSPaul Curtis Form 8.3 - Deo Petroleum Plc
11th Jun 201211:16 amRNSForm 8.3 - The Parkmead Group Plc
8th Jun 20121:08 pmRNSForm 8.3 - Parkmead Group (The)
8th Jun 20121:00 pmRNSForm 8.3 - The Parkmead Group Plc
8th Jun 201212:44 pmRNSPaul Curtis Form 8.3 - Deo Petroleum Plc
8th Jun 20127:00 amRNSIrrevocable undertaking - Artemis Alpha Trust plc
7th Jun 20122:06 pmRNSForm 8.3 - [Parkmead Group (The)]
7th Jun 20121:22 pmRNSForm 8.3 - The Parkmead Group Plc
7th Jun 201210:42 amRNSPaul Curtis Form 8.3 - Deo Petroleum Plc
7th Jun 20127:00 amRNSIrrevocable undertaking - RAB Energy Fund Ltd
6th Jun 20122:49 pmRNSPaul Curtis Form 8.3 - Deo Petroleum
6th Jun 201211:38 amRNSForm 8.3 - The Parkmead Group Plc
1st Jun 201212:30 pmRNSForm 8.3 - Parkmead Group (The) PLC
1st Jun 201212:26 pmRNSForm 8.3 - The Parkmead Group Plc
31st May 20122:00 pmRNSForm 8.3 - [Parkmead Group (The) PLC]
31st May 201211:06 amRNSPaul Curtis Form 8.3 - Deo Petroleum Plc
30th May 20123:25 pmRNSForm 8.3 - [Parkmead Group (The) PLC]
30th May 201212:11 pmRNSPaul Curtis Form 8.3 - DEO Petroleum
30th May 201211:28 amRNSForm 8.3 - The Parkmead Group Plc
30th May 201210:28 amRNSForm 8.3 - [Offeror - Parkmead Group Plc]
29th May 20123:50 pmRNSPaul Curtis Form 8.3 - Deo Petroleum Plc
29th May 201210:41 amRNSForm 8.3 - Offeree: Deo Petroleum
29th May 201210:37 amRNSForm 8.3 - Offeror: Parkmead Group
28th May 20124:40 pmRNSSecond Price Monitoring Extn
28th May 20124:37 pmRNSForm 8 (OPD) The Parkmead Group plc
28th May 20124:35 pmRNSPrice Monitoring Extension
28th May 20124:17 pmRNSOffer for Deo Petroleum plc
26th Apr 20123:24 pmRNSExercise of Options
17th Apr 20127:00 amRNSDrilling of Platypus Appraisal Well Commences
30th Mar 201212:01 pmRNSTotal Voting Rights
30th Mar 20127:00 amRNSInterim Results
14th Mar 20124:19 pmRNSHolding(s) in Company
8th Mar 20123:15 pmRNSPlacing to Raise £8.5 Million
8th Mar 20123:15 pmRNSAcquisition of First Production
27th Feb 20127:00 amRNSCompletion of acquisition
13th Feb 20126:00 pmRNSHolding(s) in Company

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