Prospex Energy (PXEN)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 5.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 11.00
  • 52 Week Low: 4.75
  • Currency: UK Pounds
  • Shares Issued: 332.58m
  • Volume: 330,543
  • Market Cap: £16.63m
  • RiskGrade: 304

Prospex shareholders request general meeting over board

By Josh White

Date: Friday 13 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Prospex said on Friday that it has received a letter from a group of shareholders, requisitioning a general meeting.
The AIM-traded firm said the requisition proposed that shareholders be asked to consider resolutions related to changes to the board, including the removal of existing and proposed directors and the appointment of new directors, and share authorities.

Having taken legal advice, the board said it had ascertained that the documentation as received was not a valid request under section 303 of the Companies Act 2006, as such a request must be made by a member of the company recorded on its register of members.

As a result, the board was not obliged to call the general meeting.

"The board has engaged with the group of shareholders as to the actions they need to take to validly call a general meeting, and has invited the group of shareholders to procure that a valid request under section 303 is submitted," the board said in its statement.

At 1141 BST, shares in Prospex Energy were up 2.97% at 2.73p.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Prospex Energy Market Data

Currency UK Pounds
Share Price 5.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 11.00
52 Week Low 4.75
Volume 330,543
Shares Issued 332.58m
Market Cap £16.63m
RiskGrade 304

Prospex Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.35% above the market average47.35% above the market average47.35% above the market average47.35% above the market average47.35% above the market average
21.05% below the sector average21.05% below the sector average21.05% below the sector average21.05% below the sector average21.05% below the sector average
Price Trend
24.46% below the market average24.46% below the market average24.46% below the market average24.46% below the market average24.46% below the market average
17.07% above the sector average17.07% above the sector average17.07% above the sector average17.07% above the sector average17.07% above the sector average
Income Not Available
Growth
74.89% above the market average74.89% above the market average74.89% above the market average74.89% above the market average74.89% above the market average
43.40% above the sector average43.40% above the sector average43.40% above the sector average43.40% above the sector average43.40% above the sector average

Prospex Energy Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:27 31,175 @ 4.83p
16:25 19,821 @ 5.05p
14:52 40,000 @ 4.85p
13:50 100,000 @ 4.87p
11:40 50,000 @ 5.07p

Prospex Energy Key Personnel

CEO Mark Christopher Routh

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