Energean (ENOG)

Sector:

Energy Producers

Index:

FTSE 250

1,136.00p
   
  • Change Today:
      8.00p
  • 52 Week High: 1,246.00
  • 52 Week Low: 808.00
  • Currency: UK Pounds
  • Shares Issued: 183.48m
  • Volume: 399,853
  • Market Cap: £2,084.34m
  • RiskGrade: 252

Kerogen sells £41.3m of Energean shares in secondary placing

By Josh White

Date: Wednesday 13 Dec 2023

LONDON (ShareCast) - (Sharecast News) - Energean announced on Wednesday that Stifel had overseen the secondary sale of 4,422,013 of its shares by Kerogen Investments.
The FTSE 250 company said the placing shares arose from the conversion of $50m in convertible notes it issued to Kerogen on 25 February 2021.

It said the conversion took place ahead of the final repayment date on 29 December.

On conversion, the placing shares would represent 2.4% of Energean's ordinary share capital.

The shares were sold for 935p each, resulting in gross proceeds of £41.3m.

Eenrgean said settlement of the placing shares was scheduled for 21 December, contingent on the conversion of the convertible notes into ordinary shares.

At 0904 GMT, shares in Energean were down 2.79% at 957.5p.

Reporting by Josh White for Sharecast.com.

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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.

 

Energean Market Data

Currency UK Pounds
Share Price 1,136.00p
Change Today 8.00p
% Change 0.71 %
52 Week High 1,246.00
52 Week Low 808.00
Volume 399,853
Shares Issued 183.48m
Market Cap £2,084.34m
RiskGrade 252

Energean Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.09% above the market average82.09% above the market average82.09% above the market average82.09% above the market average82.09% above the market average
65.79% below the sector average65.79% below the sector average65.79% below the sector average65.79% below the sector average65.79% below the sector average
Price Trend
26.27% above the market average26.27% above the market average26.27% above the market average26.27% above the market average26.27% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Income
90.20% above the market average90.20% above the market average90.20% above the market average90.20% above the market average90.20% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Growth
91.90% above the market average91.90% above the market average91.90% above the market average91.90% above the market average91.90% above the market average
88.46% above the sector average88.46% above the sector average88.46% above the sector average88.46% above the sector average88.46% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 0
Sell 0
Strong Sell 0
Total 9
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Energean Dividends

  Latest Previous
  Q4 Q3
Ex-Div 07-Mar-24 07-Dec-23
Paid 29-Mar-24 29-Dec-23
Amount 30.00¢ 30.00¢

Trades for 03-May-2024

Time Volume / Share Price
16:35 99,126 @ 1,136.00p
16:35 185 @ 1,136.00p
16:35 2,203 @ 1,136.00p
16:35 231 @ 1,136.00p
16:35 274 @ 1,136.00p

Energean Key Personnel

CEO Matthaios Rigas
CFO Panagiotis Benos

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