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RAK Petroleum re-designates Class A shares

LONDON, January 30, 2018

RAK Petroleum plc, the Oslo-listed oil and gas investment company, announced that, as the result of a shareholder's request to release the restrictions on its Restricted Class A Shares, 2,700,000 Restricted Class A Shares have been re-designated as Class A Shares and 2,700,000 Class B Shares, representing 5,400,000 votes, have been transferred to the company and cancelled.

 Following these actions having become effective today (January 30), the share capital of the company is GBP3,328,169.57 ($4,691,340), consisting of 192,842,717 Class A Shares, each with a nominal value of GBP 0.01, 134,971,988 Restricted Class A Shares, each with a nominal value of GBP 0.01, 134,971,988 Class B Shares, each with a nominal value of GBP0.0000001, 87,488,693 Class C Shares, each with a nominal value of GBP0.0000001 and 50,000 redeemable shares, each with a nominal value of GBP1.00, resulting in 597,758,681 total votes. – TradeArabia News Service




Tags: RAK Petroleum | share capital |

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