Block Listing Application
Pharos Energy PLC has applied for a block listing of 7,600,000 ordinary shares, each with a value of £0.05, to be admitted to the Equity Shares (Commercial Companies) category of the Official List of the FCA and to trading on the London Stock Exchange's Main Market. These shares will rank equally with the company's existing issued ordinary shares. The Block Listing Shares will be issued as awards are exercised under the Pharos Energy plc Long-Term Incentive Plan. The Block Listing Admission is expected to become effective on September 30, 2025.
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Pharos Energy plc announces that an application has been made to the Financial Conduct Authority ("FCA") and to the London Stock Exchange for a block listing of securities in respect of 7,600,000 ordinary shares of £0.05 each in the Company (the "Block Listing Shares") to be admitted to the Equity Shares (Commercial Companies) category of the Official List of the FCA and to trading on the London Stock Exchange's Main Market for listed securities ("Block Listing Admission").
The Block Listing Shares will rank equally in all respects with the existing issued ordinary shares of the Company. For further information on the rights attaching to the ordinary shares please refer to the articles of association of the Company.
The Block Listing Shares will be issued by the Company as and when awards under the Pharos Energy plc Long-Term Incentive Plan are exercised.
The Block Listing Admission is expected to become effective on 30 September 2025.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.