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Petrofac Announces Block Listing and Admission of New Shares

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Petrofac Announces Block Listing and Admission of New Shares

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Petrofac ( (GB:PFC) ) has shared an update.

Petrofac Limited has applied for a block listing and admission of 3,500,242 new ordinary shares to the London Stock Exchange. These shares, linked to the company’s performance and deferred bonus plans, will integrate with the existing shares and partake in future dividends and distributions. This move increases Petrofac’s total issued share capital to 528,874,000 shares, providing updated figures for shareholders to determine their voting rights and interests under the FCA’s regulations.

More about Petrofac

Petrofac Limited is a leading provider of services to the global energy industry, specializing in engineering, procurement, construction, and production services. The company is focused on supporting the oil and gas industry with its comprehensive range of services, which include design, delivery, and operations management.

YTD Price Performance: -9.41%

Average Trading Volume: 2,379,983

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £41.16M

Find detailed analytics on PFC stock on TipRanks’ Stock Analysis page.

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