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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gunsynd Plc | LSE:GUN | London | Ordinary Share | GB00BMD6PM55 | ORD 0.085P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.12 | 0.11 | 0.13 | 0.12 | 0.12 | 0.12 | 0.00 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Investment Advice | 149k | -1.71M | -0.0031 | -0.39 | 665.76k |
From Apr 2019 to Apr 2024
TIDMGUN
RNS Number : 7394R
Gunsynd PLC
25 September 2017
Gunsynd plc
("Gunsynd" or the "Company")
Investment in United Oil & Gas plc
Gunsynd (AIM: GUN, ISDX: GUN) announces that it holds 6,058,599 shares in United Oil & Gas plc ("UOG"), representing approximately 3.01% of UOG's issued share capital. The aggregate cost of this investment was approximately GBP160,000 and the Company paid an average of approximately 2.7p per UOG share.
UOG is an independent oil & gas start-up established in 2015 by a former Tullow Oil team. Its strategy is to acquire assets where the management team's experience can drive near-term activity and unlock previously untapped value. Two deals have been completed since August 2016, providing UOG with a material stake in two licences: PL090 onshore UK, and Podere Gallina onshore Italy. UOG is listed on the main market of the London Stock Exchange by way of a standard listing.
The directors of Gunsynd accept responsibility for this announcement.
For further information please contact:
Gunsynd plc: +44 (0) 20 7440 0640
Hamish Harris
Donald Strang
Nominated Adviser/NEX Corporate Adviser: +44 (0) 20 7213 0880
Cairn Financial Advisers LLP
James Caithie / Liam Murray
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCXELFLDKFZBBK
(END) Dow Jones Newswires
September 25, 2017 09:54 ET (13:54 GMT)
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