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IOG Iog Plc

2.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Iog Plc LSE:IOG London Ordinary Share GB00BF49WF64 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Independent Oil & Gas PLC Issue of New Shares (7134O)

23/08/2017 7:00am

UK Regulatory


Iog (LSE:IOG)
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TIDMIOG

RNS Number : 7134O

Independent Oil & Gas PLC

23 August 2017

23 August 2017

Independent Oil and Gas plc

Issue of New Shares

Independent Oil and Gas plc ('IOG' or the 'Company) (AIM: IOG.L), the development and production focused oil and gas company, has today issued a total of 112,727 ordinary shares ('New Ordinary Shares') in the capital of the Company.

On 18 August 2017, a notice was submitted by a former officer of the Company to exercise 112,727 1p options over Ordinary Shares awarded to him, pursuant to share option agreements dated 19 November 2014 and 1 March 2015.

The Company has applied to the London Stock Exchange for admission of the New Ordinary Shares to trading on AIM ('Admission'). Admission is expected to occur on 29 August 2017. Following Admission there will be 109,687,534 Ordinary Shares in issue. Accordingly, this number 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, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

-ENDS-

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Enquiries:

 
 Independent Oil and Gas plc       +44 (0) 20 3879 
  Mark Routh (CEO)                  0510 
 finnCap Ltd 
  Christopher Raggett / Anthony 
  Adams                            +44 (0) 20 7220 
  (Corporate Finance)               0500 
 Camarco                           +44 (0) 20 3757 
  Georgia Edmonds / Tom Huddart     4980 
 

Notes

About Independent Oil and Gas:

IOG owns substantial low risk, high value gas resources in the UK Southern North Sea. The Company is targeting 170 MMcfd gas production from its current portfolio of 500 BCF (88 MMBoe) via an efficient gas hub strategy. Alongside this it continues to pursue value accretive acquisitions, to generate significant shareholder returns. All of IOG's licences are owned 100% and operated by IOG.

Further information can be found on www.independentoilandgas.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

August 23, 2017 02:00 ET (06:00 GMT)

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