Published on 10/30/2009 in the Prospect News PIPE Daily.
New Issue: Meridian Petroleum announces £5.63 million private placement of stock
By Devika Patel
Knoxville, Tenn., Oct. 30 - Meridian Petroleum plc said it will raise £5.63 million in a private placement of shares.
The company will sell 22.25 million ordinary shares at 25p per share.
Based in London, Meridian is an oil and natural gas exploration company.
| Issuer: | Meridian Petroleum plc
|
| Issue: | Ordinary shares
|
| Amount: | £5,625,000
|
| Shares: | 22.25 million
|
| Price: | 25p
|
| Warrants: | No
|
| Pricing date: | Oct. 30
|
| Stock symbol: | London: MRP
|
| Stock price: | 64.04p at close Oct. 30
|
| Market capitalization: | £8.53 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
