3 stories mentioning AET.LUpdated 14d ago
Every FINWIRES story that references AET.L, newest first.
Afentra (AET.L) raised 2 million pounds sterling in gross proceeds through an oversubscribed Wrap retail offer alongside a share placing.The upstream oil and gas company will issue a total of 2,985,074 Wrap retail offer shares at the issue price, according to a Tuesday filing.Afentra said it raised $40 million in gross proceeds through a firm placing and a conditional placing of shares.
Afentra (AET.L) raised $40 million through an oversubscribed firm and conditional placing of 44,315,240 new ordinary shares at 0.67 pound sterling apiece.The British upstream oil and gas company issued 22,615,600 firm placing shares to raise $20.4 million and 21,699,640 conditional placing shares to raise $19.6 million, according to a Thursday filing. The shares are expected to commence trading on the London stock exchange on June 9 and June 26, respectively.Separately, Afentra plans to launch a retail offer of 2,985,074 shares to raise up to 2 million pounds. The retail offer shares are scheduled to begin trading on the London bourse on June 26.Stifel Nicolaus Europe acted as bookrunner in the placing.
Afentra (AET.L) said Wednesday it was awarded a 35% operated interest in the KON4 onshore block in Angola.The interest was awarded to Afentra, alongside its local partners, Grupo Simples Oil, Sonangol E&P, Brite's Oil and Gas and Sodedurs.The Africa-focused upstream oil and gas company expects to formally sign the contract at a later date.
