New Zealand-focused oil and gas company Kea Petroleum has initiated a placing to raise money to partly fund the construction of new production facilities and drilling of the Angus prospect.
The AIM-listed company reported a placing of up to 35.7m units at 14p per unit, to raise up to £5.0m. It said that it had received unconditional commitments to subscribe for 21.4m units, representing a committed investment of £3.0m.
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'We face a £6m inheritance tax bill under Reeves's changes – it's sheer terror'Thousands of families fear they’ll have no option but to look at selling their firms in a fire sale to pay inheritance tax bills, due to Rachel Reeves’s changes to business property relief
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Millions of over 50s fear pension investment risk – how should you position your portfolio?To de-risk or not to de-risk, that is the question. Act too late and you could face irreversible losses. Move too early and miss out on significant gains that could transform your retirement.
