Exercise of Warrants

RNS Number : 8204K
UK Oil & Gas Investments PLC
27 June 2014
 



For immediate release

27 June 2014

UK Oil & Gas Investments Plc

("UKOG" or the "Company")

Exercise of Warrants

UKOG announces that it has that it has received a notice for the exercise of warrants (the "Exercise") to subscribe for a total of 6,499,999 new ordinary shares in the Company (the "New Ordinary Shares"). The exercise price of the warrants is 0.35 pence.

Application is being made for the New Ordinary Shares, which will on issue rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM and such admission is expected to occur on or around 3 July 2014.

The Company will therefore have 1,093,230,175 Ordinary Shares in issue with voting rights and admitted to trading on AIM. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules.

 

Enquiries:

UK Oil & Gas Investments PLC

Tel: 020 7440 0640

David Lenigas / Donald Strang


Beaumont Cornish (Nominated Adviser)

Tel: 020 7628 3396

Roland Cornish / Michael Cornish / Emily Staples


XCAP Securities PLC (Corporate Broker)

Tel: 020 7101 7070

David Lawman


Square 1 Consulting (Public Relations)

Tel: 020 7929 5599

David Bick/Mark Longson


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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