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Ascent Resources Sets Record Date for Shareholder Bonus Issue Amid Strategic Diversification

Story Highlights
  • Ascent Resources announces a bonus issue of preference shares linked to an Energy Charter Treaty claim.
  • The company is diversifying with investments in US natural gas and helium ventures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ascent Resources Sets Record Date for Shareholder Bonus Issue Amid Strategic Diversification

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Ascent Resources ( (GB:AST) ) has issued an announcement.

Ascent Resources PLC has announced a Record Date for shareholders to qualify for a bonus issue of preference shares linked to an Energy Charter Treaty claim against Slovenia. This move follows previous efforts to secure shareholder interests in potential claim proceeds and involves a General Meeting for necessary approvals. The company is also diversifying its portfolio with investments in US natural gas and helium ventures.

More about Ascent Resources

YTD Price Performance: -15.22%

Average Trading Volume: 755,876

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £6.02M

See more data about AST stock on TipRanks’ Stock Analysis page.

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