Published on 7/3/2008 in the Prospect News PIPE Daily.
New Issue: Regal Petroleum sells £20.52 million of stock in private placement
By Devika Patel
Knoxville, Tenn., July 3 - Regal Petroleum plc said it took in £20.52 million in a private placement of shares.
The company sold 8,376,840 shares at 245p each through lead manager and bookrunner Merrill Lynch International.
Regal is a London-based oil and gas exploration and production company.
Issuer: | Regal Petroleum plc
|
Issue: | Shares
|
Amount: | £20,523,258
|
Shares: | 8,376,840
|
Price: | 245p
|
Warrants: | No
|
Bookrunner: | Merrill Lynch International
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Settlement date: | July 3
|
Stock symbol: | London: RPT
|
Stock price: | 242.75p at close July 2
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