President Energy Plc clarifies on share price movement

  • Dec 17, 2019 GMT
  • Team Kalkine
With respect to nearly 35% drop in share price since 1 November 2019, the company issued the following clarification
  • There is no material adverse trading activity
  • There has been improvement in all key performance indicators
  • Oil prices have been favourable, and the company has increased its production activity with the acquisition of Angostura asset.
  • On 17th December 2019, the stock of PPC was trading at GBX 3.10 at GMT 09:28 AM, up 0.35 points or 12.73% from its previous close.

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