JP Jenkins is pleased to announce that Prax Exploration & Production PLC have been admitted onto its matched bargain trading platform. Deferred Consideration Units (“DCUs”), following the acquisition of Hurricane Energy plc (“Hurricane”), have been admitted to trade on JP Jenkins’.
Further information on the DCUs as well as the acquisition of Hurricane can be found on the Prax microsite at www.prax.com/dcu/.
The indicative pricing for the instruments, as well as the transaction history, will be available on the JP Jenkins website at jpjenkins.com.
Alessandro Agostini, Head of Exploration and Production at Prax said:
“We are pleased that trading on JP Jenkins’ matched bargain facility has commenced, enabling investors to acquire the DCUs and provide those DCU holders who wish to monetise their DCUs the ability to do so.”
Full announcement here – https://lnkd.in/e6r-ZKUB
