Star Energy Group Plc (STAR): Placing of 20% of the market value
This situation live
STAR Star Energy Group Plc
Placing of 20% of the market value
completed · completed
RaisePlacing · £9.1m
Of market value20.5%
Reaction on the day+0%
As of 16 Sep 2026 ↗
Since Oct 2023: 301 situations of this kind – completed 77%, went quiet 23%; median share price -17% six months after they opened
Every step · 1
- 16 Sep 2026 completed – Any acquisition must be value accretive, generate attractive returns under conservative assumptions and strengthen the quality and cash-generating capacity... ↗
What is happening
Star Energy Group Plc: Placing of 20% of the market value – completed. ['completed']
- In short
- Star Energy Group Plc is raising £9.1m by placing, 20.5% of its market value; the shares moved +0% on the day.
- Announced
- 16 Sep 2026 · completed · +0% on the day
Briefing
Star Energy Group Plc in 4 minutes
Star Energy Group is an AIM-listed UK company that produces oil and gas from onshore fields in England and is building a geothermal heat business. It bet on geothermal, lost ground as oil output and revenue fell,...
- Act 1The geothermal bet, funded by a new loan
- Act 2Falling output, a new CEO and a squeeze
- Act 32026: exit Croatia, raise cash, hunt for assets
From the company's own announcements. Not investment advice.
Also at Star Energy Group Plc 1 open
Project milestonesSingleton gas-to-wire project – Grid connection delayed; first production early October
Disposal of a part (break-up)Croatian geothermal sale (IGeoPen) – Completed 14 October 2026 · closed
Dilutive fundraisePlacing of 39% of the market value – completed · closed
Upgrade / downgrade cycleResults below expectations – below expectations · closed
Upgrade / downgrade cycleResults ahead of expectations – ahead of expectations · closed
Star Energy Group Plc – company page →