Last checked at 18 May 2021 07:00
18 May 2021
Scirocco Energy plc
("Scirocco" or the "Company")
Helium One Global - Investment Update
Scirocco Energy (AIM: SCIR), the AIM investing company targeting attractive production and development opportunities within the European energy market, announces that, further to its Helium One Limited ('Helium One') TR1 notification released on 30 April 2021, Scirocco has sold a further 7,450,000 ordinary shares in Helium One since that date, for proceeds of c. £1.60 million, reducing its holding in Helium One to 9,556,088 ordinary shares, which represents c. 1.59% of Helium One's currently issued share capital.
In aggregate, Scirocco has realised c. £2.06 million in proceeds from its sale of Helium One ordinary shares since Helium One was admitted to trading on AIM.
For further information:
Scirocco Energy plc Tom Reynolds, CEO Doug Rycroft, COO | +44 (0) 20 7466 5000 |
Strand Hanson Limited, Nominated Adviser James Spinney / Ritchie Balmer / Rory Murphy |
+44 (0) 20 7409 3494
|
WH Ireland Limited, Broker Harry Ansell / Katy Mitchell |
+44 (0) 0207 220 1666
|
Buchanan, Financial PR Ben Romney / Kelsey Traynor / James Husband
|
+44 (0) 20 7466 5000
|
This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 (the "Securities Act"), or with any securities regulatory authority of any state or other jurisdiction of the United States. The securities may not be offered or sold in the United States, except pursuant to an applicable exemption from or in a transaction not subject to the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. No public offering of the securities is being made in the United States.