Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Rockhopper Exploration PLC - Salisbury, England-based oil & gas exploration and production company - Raises $7.0 million, or £5.8 million, through a placing and subscription of 82.2 million units at a price of 7 pence each. The issue price represents a discount of 13% to the company's closing price on June 14. Company says the placing was oversubscribed. Funds raised will be used to extend the company's working capital beyond 12 months.
Current stock price: 7.20 pence, down 9.6% on Thursday in London
12-month change: down 28%
Copyright 2022 Alliance News Limited. All Rights Reserved.