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LONDON - Zenith Energy Ltd. (LSE:ZEN; OSE:ZENA; PINK MARKET:ZENAF), an international energy production and development company, has announced that its existing common shares will be admitted to the Transition Category of the FCA Official List and to trading on the Main Market of the London Stock Exchange (LON:LSEG). The admission is scheduled for May 9, 2025, and involves 58,601,490 common shares that are already part of the company’s outstanding share capital, not representing a new equity issuance.
Following the admission, Zenith will have a total of 307,788,707 common shares admitted to the Transition Category of the FCA Official List and to trading on the London Stock Exchange’s Main Market. This move does not change the number of shares in circulation but is expected to provide the company with a broader platform for its shares to be traded.
Zenith Energy is engaged in energy production, exploration, and development with assets across North Africa, the United States, and Europe. The company is already listed on other exchanges, including the Euronext (EPA:ENX) Growth of the Oslo Stock Exchange and the Pink Markets of the OTC.
The CEO of Zenith, Andrea Cattaneo, has not provided any additional comment regarding the admission beyond the details outlined in the press release. Zenith’s strategic focus remains on the development of revenue-generating energy production assets and low-risk exploration activities in regions with existing production.
Investors and market watchers may view this development as a step toward increased visibility and potentially enhanced liquidity for Zenith’s shares, given the prestige associated with the Main Market of the London Stock Exchange.
The information for this article is based on a press release statement from Zenith Energy Ltd.
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