 PITTSBURGH, Jan. 26, 2021 GLOBE NEWSWIRE -- Montauk Renewables, Inc. the Company announced today the closing of its initial public offering of 3,399,515 shares at a price of 8.50 per share. The offering consisted of 2,350,000 shares offered by the Company, 697,015 shares offered by Montauk Holdings Limited, the selling stockholder, and an additional 352,500 shares issued pursuant to the exercise in full of the underwriters option to purchase additional shares of common stock from the Company. The Companys common stock is listed on The Nasdaq Capital Market and trades under the ticker symbol MNTK. The shares have a secondary listing on the Johannesburg Stock Exchange and trade under the ticker symbol MKR. 