Regal Petroleum PLC Shareholding Restructure by Majority Shareholder (1760K)
12 December 2018 - 6:30PM
UK Regulatory
TIDMRPT
RNS Number : 1760K
Regal Petroleum PLC
12 December 2018
12 December 2018
Regal Petroleum plc
("Regal" or the "Company")
Shareholding Restructure by Majority Shareholder
Regal Petroleum plc (AIM: RPT), the AIM-quoted oil and gas
exploration and production group, notes the shareholder
notifications published today from each of Energees Management
Limited and Pelidona Services Limited detailing changes to their
respective shareholding interests in the issued share capital of
the Company.
The Company has been advised by Energees Management Limited and
Pelidona Services Limited that these changes are due to an internal
restructuring and do not affect the ultimate beneficial ownership
of this shareholding in the Company.
Energees Management Limited is wholly owned by Pelidona Services
Limited, and the changes to their respective shareholding interests
reflect the transfer by Energees Management Limited of its entire
shareholding in the Company of 173,128,587 ordinary shares
(representing 54% of the issued share capital of the Company) to
its immediate parent, Pelidona Services Limited.
Following this transfer, the chain of ownership relating to this
shareholding in the Company is Pelidona Services Limited, which is
100% owned by Lovitia Investments Limited, which is 100% owned by
Mr Vadim Novinskiy.
For further information, please contact:
Regal Petroleum plc Tel: 020 3427 3550
Chris Hopkinson, Chairman
Sergii Glazunov, Chief Executive Officer
Strand Hanson Limited Tel: 020 7409 3494
Rory Murphy / Richard Tulloch
Citigate Dewe Rogerson Tel: 020 7638 9571
Nick Hayns / Elizabeth Kittle
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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.
END
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