Peel Hunt is acting as NOMAD and joint Bookrunner to President Energy Plc on its proposed loan restructuring, proposed US$2.8m equity subscription by International Finance Corporation (a member of the world Bank) and proposed US$17.2 m placing (via an accelerated book build) of new ordinary shares at 6 pence per share to raise aggregate gross proceeds of US$20m, as announced on 15 November, 2016.
