RAK Petroleum Increases Stake in Anzon Energy

Anzon Energy says Ras Al Khaimah Petroleum PJSC (RAK Petroleum) has acquired an additional 4,750,000 shares in the company.

As a result of the acquisitions, RAK Petroleum's total holding in securities of the Company has increased from 3,800,000 ordinary shares to 8,550,000 ordinary shares. In percentage terms, RAK Petroleum's holding has increased from 4.00% to 9.00% of the Company's total issued share capital.