# INTERVIEW: Predator Oil & Gas Plc Successful IPO

- Link: https://www.directorstalkinterviews.com/interview-predator-oil-gas-plc-successful-ipo/412751622
- Published: 2018-05-24T07:47:18+01:00
- Author: Giles Arbor

**Predator Oil & Gas Holdings Plc** (LON:PRD), an oil and gas exploration company,
has announced its successful placing of 46,428,600 new ordinary shares of no par
value each in the Company at a Placing Price of 2.8 pence each and the Admission
of its entire issued share capital, being 100,137,150 ordinary shares of no par 
value each, to the Standard Listing segment of the Official List and to trading 
on the Main Market of the London Stock Exchange. Optiva Securities and Novum Securities
are acting as Joint Brokers and placing agents to the Company.

DirectorsTalk Giles Arbor caught up with CEO Paul Griffiths to talk about its successful
IPO on the London AIM stock market. Paul provides a background to the company, explains
why the company is focused on onshore Trinidad, its interests in offshore Ireland,
its significance and the key milestones that investors can look out for over the
coming months.

The Company was formed to consolidate the acquisition of a specific non-operated
oil and gas business opportunity in the Republic of Trinidad and Tobago, which will
generate near-term income for the Company, and an exploration and appraisal portfolio
offshore Ireland that forms an existing business operated by its wholly-owned subsidiary
Predator Oil and Gas Ventures Ltd.

The Company has raised gross proceeds of £1.3 million under the Placing, which will
be used to facilitate its investment strategy and to provide working capital. The
Placing was significantly over-subscribed.

**Prospectus**

The Prospectus published by the Company in connection with Admission is available
on the Company’s website at www.predatoroilandgas.com and is also available at the
FCA’s Document Storage Mechanism at http://morningstar.co.uk/uk/NSM. Hard copies
of the Prospectus will also be available during normal business hours at the offices
of the Company’s Joint Brokers and Placing Agents, Optiva Securities, 49 Berkeley
Square Mayfair, London W1J5AZ and Novum Securities 8-10 Grosvenor Gardens, Belgravia,
London SW1W 0DH.

> **Paul Griffiths, Predator Oil & Gas Holdings Plc Chief Executive Officer, commented:**“
> We are delighted at the support shown by our new shareholders and welcome them
> to the Company. This Listing, which is the first by a junior oil and gas company
> in 2018, represents a new chapter for Predator Oil & Gas and we are looking forward
> to executing our investment strategy. We will be in a position to provide an operational
> update to investors on our progress in the coming weeks as preparations for drilling
> in Trinidad get underway and as we seek to further develop our exciting opportunities
> offshore Ireland.”

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