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Seascape Energy Asia Issues New Shares Following Option Exercise

Story Highlights
  • Seascape Energy Asia is a Southeast Asia-focused E&P company listed on AIM.
  • The company is issuing 11,143 new shares after an option exercise, lifting total voting shares to 63,139,111.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Seascape Energy Asia Issues New Shares Following Option Exercise

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Longboat Energy Plc ( (GB:SEA) ) just unveiled an announcement.

Seascape Energy Asia has applied to the London Stock Exchange for the admission of 11,143 new ordinary shares to trading on AIM, following the exercise of share options by a former employee under its Long Term Incentive Plan. Upon admission, expected on 16 February 2026, the company’s issued share capital will total 63,139,111 ordinary shares with corresponding voting rights, a figure that will serve as the new reference denominator for shareholder disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:SEA) stock is a Hold with a £78.00 price target. To see the full list of analyst forecasts on Longboat Energy Plc stock, see the GB:SEA Stock Forecast page.

Spark’s Take on GB:SEA Stock

According to Spark, TipRanks’ AI Analyst, GB:SEA is a Neutral.

The score is held down primarily by very weak financial performance (no revenue, widening losses, sustained negative free cash flow, and sharp equity erosion). Technicals are only neutral with modest near-term strength, while valuation is constrained by a negative P/E and no provided dividend yield.

To see Spark’s full report on GB:SEA stock, click here.

More about Longboat Energy Plc

Seascape Energy Asia plc is an exploration and production company focused on the Southeast Asian energy sector. The company is listed on London’s AIM market and pursues upstream oil and gas activities in the region, positioning itself as a specialist E&P operator in Asian offshore and regional plays.

Average Trading Volume: 151,238

Technical Sentiment Signal: Buy

Current Market Cap: £49.87M

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

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