Novum Securities Limited agreed to acquire a 4.221355% stake in Predator Oil & Gas Holdings Plc (LSE:PRD) from Paul Griffiths and Lonny Baumgardner for £1.9 million on June 28, 2023. The offer price is 10.5 pence cash per share. Paul Griffiths and Lonny Baumgardner will sell 17,500,000 and 500,000 ordinary shares respectively.

The transfer of the sales shares is expected on or around June 28, 2023. The net Sales Proceeds are being loaned to Predator Oil & Gas Holdings. Jerry Keen of Fox-Davies Capital and Christian Dennis of Optiva Securities Limited represented in Predator Oil & Gas Holdings.