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Investegate |Philip Morris Int Announcements | Philip Morris Int: Offer for Vectura Group plc

Investegate |Philip Morris Int Announcements | Philip Morris Int: Offer for Vectura Group plc
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Pennpetro Engy Regulatory News. Live PPP RNS. Regulatory News Articles for Pennpetro Energy Plc Ord 1P


Execution of a three-year £20,000,000 Shares Subscription Facility Agreement
 
Pennpetro Energy, an independent oil and gas company focusing on production in the Gonzales Oil Field in Texas, USA., is pleased to announce the execution of a three-year £20,000,000 Share Subscription Facility Agreement ( Facility ) with GEM Global Yield LLC SCS, Luxembourg, and GEM Yield Bahamas Limited (GEM Global). The facility is available to use at the Company s discretion, subject to terms, for both general corporate purposes and the advancement of its petroleum development projects. Pennpetro Energy will control the timing and the maximum number of drawdowns under this facility and has no minimum drawdown obligation. In addition to the subscription of equity through the facility, the Company has agreed to the issuance of up to 12 million warrants at 40 pence each. ....

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Braemar Shipping Services (LSE:BMS) | RNS | Braemar Shipping


 
James Gundy, Group Chief Executive Officer of Braemar, commenting on the performance and the outlook said:
I am delighted with the performance of Braemar this year where, in such a challenging period, we have not only exceeded market and indeed our own expectations for financial performance, but we have re-aligned many aspects of the business towards our new growth-oriented shipbroking strategy. We have also simplified the business, reduced net debt to manageable levels, improved our management structure and put ourselves in an ideal position to capitalise on the global recovery that is now underway, driving global trade and shipping markets which are showing indicators of future strength as a result. Our trading at the start of the new year has been strong and we are delighted to show our confidence in the business by reinstating a dividend of 5p per share to shareholders. ....

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