RNS Number : 0576A
UK Oil & Gas PLC
06 September 2018
 

UK Oil & Gas PLC

("UKOG" or the "Company")

 

Exercise of Warrants

 

UKOG announces that it has received notice of the exercise of warrants to subscribe for a total of 16,555,555 new ordinary shares in the Company (the "New Ordinary Shares"). The Company has received £149,000 in respect of this exercise.

Application has been made for these New Ordinary Shares to be admitted to trading on AIM and it is anticipated that trading in such shares will commence on or around 13 September 2018.

 

Following Admission, the Company's enlarged issued share capital will comprise 5,237,796,081   ordinary shares. The Company does not hold any shares in treasury. This figure of 5,237,796,081  ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

For further information, please contact:

 

UK Oil & Gas PLC

Stephen Sanderson / Kiran Morzaria                                                        Tel: 01483 243450

 

WH Ireland (Nominated Adviser and Broker)

James Joyce / James Sinclair-Ford                                                             Tel: 020 7220 1666

 

Cenkos Securities PLC (Joint Broker)

Joe Nally / Neil McDonald                                                                           Tel: 0207 397 8919

 

Public Relations

Brian Alexander / David Bick                                                                      Tel: 01483 243450

 

 

 


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