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Rockhopper Exploration ( (GB:RKH) ) has provided an announcement.
Rockhopper Exploration plc has issued 1,000,000 new ordinary shares following an employee’s exercise of share options, increasing its total issued share capital to 646,213,765 shares. Additionally, the company has applied for a blocklisting of 17,079,589 ordinary shares on the London Stock Exchange to provide flexibility for future share issuances under its employee share schemes, which could enhance its operational capacity and stakeholder engagement.
The most recent analyst rating on (GB:RKH) stock is a Buy with a £0.90 price target. To see the full list of analyst forecasts on Rockhopper Exploration stock, see the GB:RKH Stock Forecast page.
More about Rockhopper Exploration
Rockhopper Exploration plc is an oil and gas company with significant interests in the North Falkland Basin. The company is involved in the exploration and production of hydrocarbons, focusing on developing its assets in this region.
Average Trading Volume: 2,786,713
Technical Sentiment Signal: Buy
Current Market Cap: £530.4M
Find detailed analytics on RKH stock on TipRanks’ Stock Analysis page.