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IN BRIEF: Afentra calls general meeting to approve £32 million raise

ALN

Afentra PLC - Africa-focused oil and gas explorer and producer with interests onshore and offshore Angola - Raises £2 million gross from a retail share offer, selling 3.0 million new shares at 67 pence each. The retail offer is in addition to $40 million, about £30 million, already raised from an oversubscribed institutional placing of 44.3 million shares at the same price. About half of the share placing is conditional on shareholder approval at a general meeting that Afentra calls for June 25.

Current stock price: 73.20p, up 0.3% on Tuesday morning in London

12-month change: up 56%

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