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Regency offloads 6mln shares of UKOG

By BFN News | 01:54 PM | Friday 01 September, 2017


Regency Mines confirmed that it has sold a further 6,000,000 shares in UK Oil and Gas Investments for £416,411.24. The acquisition cost of the sold shares under the agreement announced on 10 July 2017 was £92,790.27. Following the sales, Regency retains a position of 6,826,158 UKOG shares. Company Chairman Andrew Bell comments: "These sales together with those announced yesterday mean that we have now sold 10,535,704 shares in UKOG at an average price over 7p a share. This concludes the immediate sale programme undertaken to provide liquidity and derisk and rebalance our portfolio of interests." At 1:54pm: (LON:RGM) Regency Mines PLC share price was +0.08p at 0.65p Story provided by StockMarketWire.com

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