The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksZenith Energy Regulatory News (ZEN)

Share Price Information for Zenith Energy (ZEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.05
Bid: 2.00
Ask: 2.10
Change: 0.00 (0.00%)
Spread: 0.10 (5.00%)
Open: 2.05
High: 2.05
Low: 2.05
Prev. Close: 2.05
ZEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Implementation of Share Consolidation

25 Sep 2023 18:30

RNS Number : 5898N
Zenith Energy Ltd
25 September 2023
 

September 25, 2023  

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Implementation of Share Consolidation

 

Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the international energy production and development company, announces the following information in respect of the share consolidation that was approved by shareholders at the Company's annual general meeting held on April 14, 2023 (the "Consolidation"). 

 

Under the Consolidation, one new common share of no par value ("New Common Shares") will be issued for every ten existing common shares of no par value ("Old Common Shares"). 

 

Applications will be made for the New Common Shares to be admitted to the standard segment of the FCA Official List and to trading on the Main Market for listed securities of the London Stock Exchange.

 

Consolidation Timetable

 

Latest time and date for dealings in Old Common Shares

4.30 p.m. on 26 September 2023

Record Date 

6.00 p.m. on 26 September 2023 

Admission effective and commencement of dealings in the New Common Shares 

 

8.00 a.m. on 27 September 2023 

 

CREST accounts credited with the New Common Shares in uncertificated form

27 September 2023

Despatch of definitive certificates for New Common Shares (in certificated form) 

 

3 October 2023

 

Consolidation Statistics

 

Common Shares admitted to the standard segment of the FCA Official List and to trading on the LSE Main Market

 

1,919,949,343

Consolidation ratio of Old Common Shares to New Common Shares 

 

10:1

Total number of New Common Shares in issue following the Consolidation

 

191,994,934

ISIN code for the New Common Shares 

CA98936C8584

SEDOL for the New Common Shares 

 

BMCMN86

CFI for the New Common Shares 

ESVUFR

FISN for the New Common Shares 

 

ZENITH ENERGY L/SH

TIDM for the New Common Shares 

ZEN

 

 

 

Further Information:

 

Zenith Energy Ltd Andrea Cattaneo, Chief Executive Officer

 

Tel: +1 (587) 315 1279

E: info@zenithenergy.ca

 

 

Notes to Editors:                               

Zenith Energy Ltd. is a revenue generating, independent energy company with production, exploration and development assets in North Africa and Europe, including electricity generation in Italy. The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of the Oslo Stock Exchange(OSE: ZENA).

 

Zenith's strategic focus is on pursuing development opportunities through the development of proven revenue generating energy production assets, as well as low-risk exploration activities in assets with existing production.

 

For more information, please visit: www.zenithenergy.ca

Twitter: @zenithenergyltd

LinkedIn: https://bit.ly/3A5PRJb

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CARFLFFDASIEFIV
Date   Source Headline
18th Sep 20207:30 amRNSSubmission of Bid in 2020 Marginal Field Round
8th Sep 20207:30 amRNSAcquisition of Sidi El Kilani from CNPC
26th Aug 20209:49 amRNS“B-” with Stable Outlook Credit Rating
20th Aug 20207:30 amRNSPre-qualification in 2020 Marginal Field Bid Round
13th Aug 20209:49 amRNSHolding(s) in Company
11th Aug 20202:05 pmRNSSecond Price Monitoring Extn
11th Aug 20202:00 pmRNSPrice Monitoring Extension
10th Aug 20207:30 amRNSPreparations for Tilapia II Licence
7th Aug 202010:50 amRNSExtension of LOI
6th Aug 20206:09 pmRNSCompletion of Financing
31st Jul 20207:30 amRNSLoan Facility for African Development
31st Jul 20207:00 amRNSTermination of SPA with Coro Energy plc
20th Jul 20207:30 amRNSUpdate on Tilapia in the Republic of the Congo
13th Jul 20201:43 pmRNSHolding(s) in Company
10th Jul 20204:31 pmRNSCompletion of Financing
7th Jul 20207:30 amRNSJoint Venture Agreement for acquisition
30th Jun 20204:30 pmRNSPostponed publication of Year-End Results
30th Jun 20207:30 amRNSPayment of Interest on 8% 2021 Corporate Notes
25th Jun 20207:30 amRNSCompletion of Handover & Receipt of Payment
16th Jun 20207:30 amRNSParticipation in 2020 Marginal Field Bid Round
11th Jun 20207:30 amRNSPayment to KUFPEC for Sidi El Kilani
9th Jun 20206:00 pmRNSCompletion of Financing
29th May 202011:22 amRNSHolding(s) in Company
28th May 20207:00 amRNSDelisting from TSX-V
5th May 202011:20 amRNSCompletion of Tilapia acquisition
4th May 202012:49 pmRNSPassing of Resolution at AAOG GM for Tilapia
30th Apr 20205:55 pmRNSFinancing of up to £540,000 by Private Placement
28th Apr 20207:30 amRNSManufacturing of PPE for Africa
23rd Apr 20207:30 amRNSReceipt of payments from SOCAR
22nd Apr 20207:59 amRNSIntention to delist from TSX-V & Debt Reduction
20th Apr 20209:16 amRNSAcquisition of Sidi El Kilani from KUFPEC
17th Apr 20207:30 amRNSAcquisition of Tilapia for £200,000
8th Apr 20207:00 amRNSCompletion of fully subscribed Private Placement
6th Apr 20207:00 amRNSFinancing of up to CAD$921,000
31st Mar 20209:02 amRNSLetter of Intent for US$2 million investment
24th Mar 20207:00 amRNSRenegotiation of Tilapia acquisition
19th Mar 202011:06 amRNSSecond Price Monitoring Extn
19th Mar 202011:00 amRNSPrice Monitoring Extension
12th Mar 20207:00 amRNSUpdate on Acquisitions
10th Mar 20204:30 pmRNSDirector/PDMR Shareholding
5th Mar 20204:31 pmRNSDirector/PDMR Shareholding
2nd Mar 20207:30 amRNSChanges to REDPSA in Azerbaijan
2nd Mar 20207:00 amRNSOil production asset, Tunisia
28th Feb 202011:05 amRNSSecond Price Monitoring Extn
28th Feb 202011:00 amRNSPrice Monitoring Extension
26th Feb 20207:00 amRNSNegotiations for drilling rig in the Congo
21st Feb 20207:00 amRNSCEO Presentation at CIEHC 2020
20th Feb 20202:26 pmRNSDirector/PDMR Shareholding
19th Feb 20207:00 amRNSHolding(s) in Company
17th Feb 202012:44 pmRNSPrivate Placement, Director/PDMR Shareholdings

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.