Update on Settlement of Magnolia Shares

RNS Number : 6937P

Nostra Terra Oil & Gas Company PLC

04 September 2017

 

4 September 2017

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Update on Settlement of Magnolia Shares

Further to Nostra Terra's announcement of 22 August 2017 regarding the completion of the acquisition of the shares of £0.001 in Magnolia Petroleum plc ("Magnolia Shares"), the Company understands that completion and registration of the Magnolia Shares continues but is solely an administrative matter. 

As a result of the sale of 26,354,002 of these shares, as of 29 August 2017, Nostra Terra now owns 177,872,747 Magnolia Shares, which are in the process of registration as disclosed above.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, visit www.ntog.co.uk or contact:

Nostra Terra Oil and Gas Company plc Matt Lofgran, CEO			[phone]
Strand Hanson Limited (Nominated Adviser and Joint Broker)			[phone]
Rory Murphy / Ritchie Balmer / Jack Botros
Smaller  Company Capital Limited (Joint Broker)			[phone]
Rupert Williams / Jeremy Woodgate

 

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