CRCL Corcel Plc

TIDMRGM

RNS Number : 6179P

Regency Mines PLC

01 September 2017

Regency Mines Plc

("Regency" or "the Company")

Further Sale of Investment

1 September 2017

Further to the announcement of 31 August 2017, Regency Mines Plc, the natural resource company with interests in oil and mineral exploration, announces that it has sold a further 6,000,000 shares in UK Oil and Gas Investments PLC ("UKOG") for a total net consideration of GBP416,411.24.

The acquisition cost of the sold shares under the agreement announced on 10 July 2017 was GBP92,790.27.

Following the sales, Regency retains a position of 6,826,158 UKOG shares.

Company Chairman Andrew Bell comments: "These sales together with those announced yesterday mean that we have now sold 10,535,704 shares in UKOG at an average price over 7p a share. This concludes the immediate sale programme undertaken to provide liquidity and derisk and rebalance our portfolio of interests."

For further information contact:

Andrew Bell 0207 747 9960 Chairman Regency Mines Plc

Scott Kaintz 0207 747 9960 Executive Director Regency Mines Plc

Roland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited

Neil Badger 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 01, 2017 08:48 ET (12:48 GMT)

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