Issue of Equity

RNS Number : 0210D

Jersey Oil and Gas PLC

21 October 2015

 

21 October 2015

Jersey Oil & Gas plc

 ("Jersey Oil & Gas" or the "Company")

Issue of Equity

Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, announces the issue of a total of 26,734 ordinary shares of 1p each ("Ordinary Shares") to an adviser in lieu of fees in connection with the Company's recent recruitment of a Non-Executive Director (the "Fee Shares").

Application will be made to the London Stock Exchange for admission of the Fee Shares to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 27 October 2015. The Fee Shares will rank pari passu with the existing ordinary shares of 1p each in the Company.

Following Admission, the total number of voting rights in the Company will be 8,391,473, with each ordinary share carrying the right to one vote.

The above figure of 8,391,473 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in Jersey Oil & Gas under the FCA's Disclosure and Transparency Rules.

Enquiries:

Jersey Oil & Gas plc	Scott Richardson Brown, Finance Director	Tel:  [phone]
Strand Hanson Limited	James Harris Matthew Chandler James Spinney	Tel:  [phone]
FirstEnergy Capital LLP	Hugh Sanderson David van Erp	Tel:  [phone]
Camarco	Billy Clegg Georgia Mann	Tel:  [phone]

 

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