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LONDON - Kistos Holdings plc (LON:KIST), an independent energy company, has applied to the London Stock Exchange (LON:LSEG) for a block admission of 2 million ordinary shares to be admitted to trading on AIM, according to a company press release.
The application, announced Monday, relates to ordinary shares of £0.10 each that will be issued when warrant holders exercise their rights. These warrants were issued following the cancellation of Kistos Energy (Norway) AS hybrid callable bonds 2023/2083, which the company had previously announced on June 2.
All ordinary shares issued under this block admission will have equal ranking with existing ordinary shares in the company.
The block admission is expected to become effective on or around July 1, 2025.
Kistos describes itself as an independent energy company focused on generating value across the upstream and midstream markets.
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