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Pennpetro Energy Plc Announces General Meeting for Share Issuance Approval

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Pennpetro Energy Plc Announces General Meeting for Share Issuance Approval

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The latest update is out from Pennpetro Energy Plc ( (GB:PPP) ).

Pennpetro Energy Plc, a company listed on the London Stock Exchange, has announced a General Meeting of shareholders to be held on July 3, 2025. The meeting will seek approval for the issuance of new ordinary shares, which have been contributed by existing shareholders and a lender in lieu of a debt. This move is part of historical arrangements and aims to facilitate the admission of these shares to listing once the company’s shares return from suspension.

More about Pennpetro Energy Plc

Technical Sentiment Signal: Buy

Current Market Cap: £9.58M

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

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