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Deltic Energy shares start trading on AIM as company name change completes

“The name change reflects a new era for our company," said chief executive Graham Swindells.

Deltic Energy shares start trading on AIM as company name change completes

Cluff Natural Resources PLC’s planned name change to Deltic Energy Plc (LON:DELT) has now completed, with share trading now underway under the new moniker.

The change was proposed earlier this year, rubberstamped at the AGM, on June 6, and it has now been effected by Companies House.

READ: Deltic Energy - funded, partnered and lined up for catalysts

“The name change reflects a new era for our company, the significant progress made in the last year and symbolises the transition in the company's main investments into a more operational phase following our farm-outs and ongoing partnership with Shell," said Graham Swindells, chief executive.

Deltic noted that shareholdings will be unaffected by the change of name and existing share certificates should be retained as they will remain valid for all purposes. No new share certificates will be issued.

With the new name, the AIM share is up 3.1% changing hands at 0.82p in Thursday morning’s deals.

Quick facts: Deltic Energy PLC

Price: 1.775 GBX

Market: AIM
Market Cap: £24.96 m

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