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Predator Oil & Gas Holdings PLC on Monday said it received an exercise notice from Optiva Securities Ltd for 2.0 million warrants. Predator Oil & Gas is a Jersey-based oil and gas company with operations in Trinidad, Morocco and Ireland. Its said around 1.9 million of the warrants are exercisable at 4 pence per share, while the remaining balance are exercisable at 2.8p per share. Having received the aggregate £79,500, Predator Oil & Gas has issued Optiva around 2.0 million new shares. Admission of the new shares for trading in London is expected on or around Thursday this week. Shares in Predator Oil & Gas were down 3.8% to 7.50p each in London on Monday afternoon. Copyright 2023 Alliance News Ltd. All Rights Reserved.
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