Oneiro Energy PLC First Day of Dealings (5770A)
May 25 2023 - 2:01AM
UK Regulatory
TIDMONE
RNS Number : 5770A
Oneiro Energy PLC
25 May 2023
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25 May 2023
ONEIRO ENERGY PLC
("Oneiro Energy" or the "Company")
Admission to listing on the Official List and to trading on the
Main Market of the London Stock Exchange
Oneiro Energy Plc (LSE: ONE) is pleased to announce that its
entire ordinary share capital has been admitted to the Official
List (by way of Standard Listing under Chapter 14 of the Listing
Rules) and to trading on the London Stock Exchange's Main Market
for listed securities ("Admission") today at 08:00 a.m. under the
ticker "ONE".
As part of the Admission, the Company has completed a placing of
new ordinary shares, raising gross proceeds of GBP 1.2 million. On
Admission, the Company will have a market capitalisation of
approximately GBP 2.226 million.
Advisers to the Company include Peterhouse Capital Limited
(Placing Agent and Broker), Fladgate LLP (UK Solicitors) and Gerald
Edelman LLP (reporting accountants).
Statistics
Subscription Price (per Share) 5 pence
Market capitalisation on Admission GBP 2.226m
Gross proceeds of the Fundraise GBP 1.2m
Total number of shares in issue 44,520,000
LSE Ticker ONE
ISIN GB00BNRR5980
SEDOL BNRR598
Highlights
Oneiro Energy plc is a special purpose acquisition vehicle
incorporated in England and Wales, which will focus on acquisition
opportunities within the broad energy industry, in particular on
upstream oil and gas exploration or appraisal opportunities. The
Company will also consider acquisitions within the upstream green
energy sector such as technology metals.
Robert Jones, Non-Executive Director and Chairman of Oneiro
Energy, said:
"Whilst we are extremely pleased to have successfully listed
Oneiro Energy on the London Stock Exchange, via a Special Purpose
Acquisition Company, this is just the beginning. The Company is
focused on acquiring assets that can discernibly bring swift cash
flow generation and provide early business stability. Whilst
listing is an important milestone, the Board now looks forward to
the task of bringing our collective experience to bear in
identifying significant acquisition opportunities to drive
long-term shareholder value."
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.
For more information, please visit http://oneiro.energy or contact:
Oneiro Energy Plc
Robert Jones
c/o Peterhouse Capital Limited
+44 (0) 20 7469 0930
Peterhouse Capital Limited
Lucy Williams / Duncan Vasey
+44 (0) 20 7469 0930
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END
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