UK Oil & Gas Investments PLC Exercise of Options (5760K)
22 September 2016 - 8:30PM
UK Regulatory
TIDMUKOG
RNS Number : 5760K
UK Oil & Gas Investments PLC
22 September 2016
UK Oil & Gas Investments PLC
("UKOG" or the "Company")
Exercise of Options
UK Oil & Gas Investments PLC (London AIM and ISDX: UKOG)
announces that it has received notice of the exercise of options to
subscribe for a total of 30 million new ordinary shares in the
Company (the "New Ordinary Shares"). The exercise price of these
options was 0.4 pence. The Company has received GBP120,000 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 29 September 2016.
Following Admission, the Company's enlarged issued share capital
will comprise 2,577,634,099 ordinary shares. The Company does not
hold any shares in treasury. This figure of 2,577,634,099 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 Investments PLC
Stephen Sanderson / Jason Berry Tel: 020 7440 0640
WH Ireland (Nominated Adviser and Broker)
James Joyce / James Bavister Tel: 020 7220 1666
Square 1 Consulting (Public Relations)
David Bick / Brian Alexander Tel: 020 7929 5599
This information is provided by RNS
The company news service from the London Stock Exchange
END
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