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On 09 April 2026, Pennpetro Energy Plc confirmed that Mr. Jesse White paid £0.022 per share for 6,000,000 shares in November 2023. These shares were contributed by other shareholders, and the Company has received the proceeds from this transaction.
| Date | 9 Apr 2026 |
| Time | 16:30:00 |
| Category | Miscellaneous |
| ID | 8803Z |
9 April 2026
Pennpetro Energy Plc
("Pennpetro" or the "Company")
Confirmation of price of shares purchased by Mr. White
Pennpetro Energy plc, the company focused on developing strategic traditional and transition energy projects, notes the recent speculation regarding the price of the shares purchased by Mr. Jesse White in 2023 and recorded in his name earlier this week.
The Company confirms a price of £0.022 per share for the 6,000,000 shares paid by Mr. White in November 2023, rather than the £0.12 per share as reported in online forums. These shares were contributed by other shareholders and the proceeds have been received by the Company.
The Company expects that Mr. White will make a formal filing in line with his regulatory obligations (DTR 5) shortly.
For further information, contact:
|
Pennpetro Energy Plc Richard Spinks |
c/o Camarco +44 (0) 20 3757 4980
|
|
OAK Securities - Broker Jerry Keen, Head of Corporate Broking |
+44 (0)20 3973 3678 |
|
Camarco - Financial PR Andrew Turner | Fergus Young
|
+44 (0) 20 3757 4980 ppp@camarco.co.uk
|