ZEN Petroleum Holdings PLC (ZEN Holdings or the Issuer) is a public limited liability company incorporated under the Companies Act (as defined). The Issuer was incorporated as the holding company of the ZEN Group (as defined), operating within the petroleum sector.

 

ZEN Holdings intends to undertake an initial public offer (the IPO) in the following manner:

(a) a public offer of 128,000,000 new ordinary shares of ZEN Holdings (the Shares on Offer); and

(b) a listing of all the Shares on Offer and Existing Shares (as defined) on the GSE (as defined).

 

This Prospectus (as defined) provides, among others, the details of the IPO, the risk factors relating to the Shares on Offer, as well as a description of the Issuer and its business activities.

 

The Prospectus has been reviewed and approved by the SEC in accordance with section 3 of the Securities Industry Act (as defined) and the SEC Regulations (as defined). In its review, the SEC examined the contents of this Prospectus to ensure that adequate disclosures have been made. To ascertain the financial soundness of the Issuer or value of the Shares on Offer, investors are advised to
consult a dealer, investment adviser or other professionals for appropriate advice.

 

Provisional approval has been obtained from the GSE for permission for the listing and trading of the Shares on Offer on the GSE. Such approval is granted subject to the Issuer fulfilling all listing requirements.

 

A copy of this Prospectus has also been delivered to the ORC (as defined) for filing as required under section 308(6) of the Companies Act. The ORC has not checked, will not check, and accepts no responsibility for the accuracy of any statements made in this Prospectus and accepts no responsibility thereof or for the financial soundness of the Issuer or the value of the Shares on Offer.