Paramount stock rises after FCC approves Skydance merger
LONDON - Petrofac (LON:PFC) Limited, a leading international service provider to the energy industry, has announced the publication of a prospectus related to the admission of new shares and warrants to trading on the London Stock Exchange (LON:LSEG). This move is part of the company’s balance sheet restructuring process.
The prospectus was approved by the Financial Conduct Authority and is now available for public inspection. It details the upcoming admissions of new shares to the equity shares segment and warrants over shares to the warrants, options, and miscellaneous securities listing segment of the Official List.
These admissions are expected to take place upon the completion of Petrofac’s balance sheet restructuring, aiming to strengthen the company’s financial position. The prospectus is accessible on the National Storage Mechanism’s website and Petrofac’s official site, with certain access restrictions applying.
Petrofac operates primarily within the Middle East and North Africa (MENA) region and the UK North Sea but also has a presence in markets such as India, Southeast Asia, and the United States. The company provides services across various sectors of the energy industry, including oil, gas, refining, petrochemicals, and renewable energy infrastructure.
The announcement emphasizes that this communication is purely informational and does not constitute an offer to sell or a solicitation of an offer to purchase any securities. Furthermore, the securities have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration requirements.
This information is based on a press release statement from Petrofac Limited.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.