Pharos Energy PLC Total Voting Rights (2380N)
January 28 2021 - 10:00AM
UK Regulatory
TIDMPHAR
RNS Number : 2380N
Pharos Energy PLC
28 January 2021
Pharos Energy plc
("Pharos" or the "Company" or, together with its subsidiaries,
the "Group")
TOTAL VOTING RIGHTS
In accordance with the FCA's Disclosure Guidance and
Transparency Rules, Pharos advises that:
As at 27 January 2021, the Company's issued share capital
consisted of 451,299,442 ordinary shares of GBP0.05. The Company
holds 9,122,268 shares in Treasury.
The total number of voting rights in the Company is therefore
442,177,174. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
For further information, please contact:
Pharos Energy plc Tel: 0207 603 1515
Tony Hunter, Company Secretary
Notes to editors
Pharos Energy plc is an independent oil and gas exploration and
production company with a focus on sustainable growth and returns
to stakeholders, headquartered in London and listed on the London
Stock Exchange.
Pharos has production, development and/or exploration interests
in Egypt, Israel and Vietnam.
In Egypt, Pharos holds a 100% working interest in the El Fayum
oil Concession in the Western Desert. The Concession produces from
10 fields and is located 80 km south west of Cairo. It is operated
by Petrosilah, a 50/50 JV between Pharos and the Egyptian General
Petroleum Corporation (EGPC). Pharos is also an operator with a
100% working interest in the North Beni Suef (NBS) Concession,
which is located immediately south of the El Fayum Concession.
In Israel, Pharos together with Cairn Energy plc and Israel's
Ratio Oil Exploration, were successful in their bid for eight
licences in the second offshore bid round in Israel. Each party has
an equal working interest and Cairn is the operator.
In Vietnam, Pharos has a 30.5% working interest in Block 16-1
which contains 97% of the Te Giac Trang (TGT) field and is operated
by the Hoang Long Joint Operating Company. Pharos' unitised
interest in the TGT field is 29.7%. Pharos also has a 25% working
interest in the Ca Ngu Vang (CVN) field located in Block 9-2, which
is operated by the Hoan Vu Joint Operating Company. Blocks 16-1 and
9-2 are located in the shallow water Cuu Long Basin, offshore
southern Vietnam. Pharos also holds a 70% interest in and is
designated operator of Blocks 125 & 126, located in the
moderate to deep water Phu Khanh Basin, north east of the Cuu Long
Basin, offshore central Vietnam
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END
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