United Oil & Gas PLC Result of General Meeting (8366X)
23 December 2019 - 10:17PM
UK Regulatory
TIDMUOG
RNS Number : 8366X
United Oil & Gas PLC
23 December 2019
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS
RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE
UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA,
JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION
OR DISTRIBUTION WOULD VIOLATE THE RELEVANT SECURITIES LAWS OF SUCH
JURISDICTION.
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT
CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION,
OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE
OR DISPOSE OF ANY SECURITIES IN UNITED OIL & GAS PLC OR ANY
OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE
FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON,
IN CONNECTION WITH ANY INVESTMENT DECISION IN RESPECT OF UNITED OIL
& GAS PLC.
United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil
& Gas
23 December 2019
United Oil & Gas PLC ('United' or 'UOG' or 'the
Company')
Result of General Meeting
And Update on Rockhopper Acquisition
United Oil & Gas PLC (AIM: "UOG"), the AIM traded oil and
gas exploration and development company, is pleased to announce
that at the Company's General Meeting held earlier today, all
resolutions, as set out in the Circular comprising an AIM Admission
Document dated 6 December 2019, were duly passed.
Accordingly, the acquisition of Rockhopper Egypt Pty Limited
which owns a 22 per cent. non-operated working interest in the Abu
Sennan Concession and associated development leases in Egypt, is
now conditional only upon:
- EGPC and the Minister of Petroleum and Mineral Resources of
Egypt approving the deed of assignment to the Rockhopper
Acquisition; and
- the Rockhopper Acquisition Agreement; the BP facility and the
Placing Agreement becoming unconditional save for Admission.
The Deed of assignment from EGPC and the Minister of Petroleum
and Mineral Resources of Egypt and Admission are expected during
January.
Accordingly, application will be made to the London Stock
Exchange for the Enlarged Ordinary Share Capital comprising
619,153,969 Ordinary Shares to be admitted to trading on AIM. A
further announcement confirming the Admission date will be made in
due course.
Defined terms used in this announcement have the meanings
ascribed to them in the Admission Document.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
For further information please visit the Company's website at
www.uogplc.com or contact:
United Oil & Gas Plc (Company)
Brian Larkin, CEO brian.larkin@uogplc.com
Beaumont Cornish Limited (Nominated
Adviser)
Roland Cornish and Felicity Geidt +44 (0) 20 7628 3396
Optiva Securities Limited (Joint
Broker)
Christian Dennis +44 (0) 20 3137 1902
Cenkos Securities Plc (Joint Broker)
Joe Nally (Corporate Broking) +44 (0) 20 7397 8900
Derrick Lee and Pete Lynch +44 (0) 131 220 6939
Murray (PR Advisor) +353 (0) 87 6909735
Joe Heron jheron@murrayconsultants.ie
St Brides Partners (Financial PR/IR)
Frank Buhagiar and Priit Piip +44 (0) 207 236 1177
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
ROMFXLFLKLFFFBE
(END) Dow Jones Newswires
December 23, 2019 06:17 ET (11:17 GMT)
United Oil & Gas (LSE:UOG)
Historical Stock Chart
From Mar 2024 to May 2024
United Oil & Gas (LSE:UOG)
Historical Stock Chart
From May 2023 to May 2024