Caspian Sunrise (CASP)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

3.23p
   
  • Change Today:
    -0.067p
  • 52 Week High: 4.15p
  • 52 Week Low: 2.30p
  • Currency: UK Pounds
  • Shares Issued: 2,254.98m
  • Volume: 967,421
  • Market Cap: £72.91m

Roxi Petroleum reaches agreement over royalty payments

By Daniel Cancian

Date: Friday 24 Jul 2015

LONDON (ShareCast) - (ShareCast News) - Oil and gas explorer Roxi Petroleum has reached an agreement to cancel royalty payments from its flagship asset.
Under the terms of the deal, the London-listed company has issued 46.6m shares in the company to Canamens Ltd and Sector Spesit IV, which will no longer receive future royalty payments from the group's flagship asset in Kazakhstan.

The shares issued represent a 5% stake in the enlarged issued share capital, the group said in a statement.

"This is an excellent deal for Roxi," said group chairman Clive Carver.

"On completion, we have removed a future uncapped liability, which may have affected the company's ability to secure traditional debt funding and replaced it with a supportive institutional shareholder."

Roxi shares were up 3.61% to 10.75p at 1301 BST on Friday.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CASP Market Data

Currency UK Pounds
Share Price 3.23p
Change Today -0.067p
% Change -2.02 %
52 Week High 4.15p
52 Week Low 2.30p
Volume 967,421
Shares Issued 2,254.98m
Market Cap £72.91m

CASP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.45% below the market average18.45% below the market average18.45% below the market average18.45% below the market average18.45% below the market average
16.88% below the sector average16.88% below the sector average16.88% below the sector average16.88% below the sector average16.88% below the sector average
Price Trend
12.64% below the market average12.64% below the market average12.64% below the market average12.64% below the market average12.64% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Income Not Available
Growth
53.66% above the market average53.66% above the market average53.66% above the market average53.66% above the market average53.66% above the market average
48.00% above the sector average48.00% above the sector average48.00% above the sector average48.00% above the sector average48.00% above the sector average

CASP Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 02-Mar-23 19-Jan-23
Paid 23-Mar-23 16-Feb-23
Amount 0.044p 0.044p

Trades for 26-Jun-2024

Time Volume / Share Price
09:30 304,606 @ 3.28p
09:01 212,815 @ 3.20p
08:33 250,000 @ 3.22p
08:14 200,000 @ 3.22p

CASP Key Personnel

CEO Kuat Rafikuly Oraziman

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