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SandRidge Permian Trust Announces Receipt of Notice from NYSE Regarding Continued Listing Standards

HOUSTON--(BUSINESS WIRE)--SANDRIDGE PERMIAN TRUST (NYSE: PER) today announced that it has received a notice from the New York Stock Exchange (“NYSE”) that the Trust has fallen below the NYSE continued listing requirement that the average closing price of the Trust’s units of beneficial interest be at least $1.00 per share, calculated over a period of 30 consecutive trading days. The Trust received the deficiency notice from the NYSE on December 27, 2019, and on January 3, 2020, the Trust acknowledged receipt of the notice.