President Energy Plc

President Energy Plc

President Energy is an independent oil and gas company focusing primarily on high margin production opportunities in Latin America.

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Operations

The portfolio consists of a balance of high margin production primarily in Argentina with additional production in Louisiana. In addition, we have further significant exploration and development opportunities through our acreage in Paraguay and Argentina.

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PPC Argentina

Peter Levine commented
"We are grateful to those existing shareholders who participated in the Offer for their support and welcome new shareholders to the register. Each one, big or small, makes a difference and their views will always be respected, as with all our shareholders."

President Energy - Result of Offer for Subscription and Loan Conversion

-Chairman Peter Levine subscribed to 6.25m offer shares in cash through his firm PLLG

-Levine now owns approx. 29.95pc of the firm’s enlarged share capital

https://t.co/yZeX7sPdhX

#PPC @PresidentPlc

"PresidentPlc announces Result of Offer and Loan Conversion https://t.co/4HbMRmypH4

Shareholders are reminded that the latest time and date for receipt of completed Application Forms and payment in full under the Offer is 1.00 p.m. on 8 March

Questions relating to the Offer for Subscription can best be answered by either emailing info@presidentpc.com or by calling Equiniti, the company’s registrar on 0371 384 2050

For additional information on the Offer for Subscription, and frequent questions raised by shareholders head over to our website https://t.co/rflS9ervTC

“Off the back of a highly successful 2018, President is looking to raise up to £6.5m via an Offer for Subscription to turbocharge growth” Broker @finnCap commented in its latest note – reiterating its target price of 19p per share

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