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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nostra Terra Oil And Gas Company Plc | LSE:NTOG | London | Ordinary Share | GB00BZ76F335 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.1025 | 0.10 | 0.105 | 0.1025 | 0.1025 | 0.1025 | 5,463 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investors, Nec | 4.02M | -546k | -0.0007 | -1.43 | 746.52k |
TIDMNTOG
RNS Number : 7214H
Nostra Terra Oil & Gas Company PLC
09 June 2017
9 June 2017
Nostra Terra Oil and Gas Company plc
("Nostra Terra" or the "Company")
Magnolia Petroleum plc General Meeting Requisition
Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, notes the announcement made this afternoon by Magnolia Petroleum plc (AIM:MAGP) ("Magnolia") concerning the recently requisitioned General Meeting ("GM") of Magnolia (as first announced by Magnolia on 2 June 2017).
Nostra Terra confirms that Steven Snead, the former CEO and founder of Magnolia, and members of his family, have requisitioned the EGM using the ordinary shares in Magnolia that Nostra Terra agreed to purchase as announced on 26 May 2017.
The resolutions to be proposed at the GM include:
-- An ordinary resolution, seeking the removal of CEO, Rita Fern Whittington, from the board of Magnolia.
-- An ordinary resolution, seeking the appointment of Kristian Ewen Ainsworth to the board of Magnolia, as Nostra Terra's representative. Ewen Ainsworth is Non-Executive Chairman of Nostra Terra.
-- An ordinary resolution, seeking the appointment of Donald Zac Phillips to the board of Magnolia, as an independent director.
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 +1 480 993 8933 Strand Hanson Limited (Nominated & Financial Adviser +44 (0) 20 7409 and Joint Broker) 3494 Rory Murphy / Ritchie Balmer / Jack Botros Smaller Company Capital Limited +44 (0) 20 3651 (Joint Broker) 2910 Rupert Williams / Jeremy Woodgate
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEALKNEDFXEFF
(END) Dow Jones Newswires
June 09, 2017 10:33 ET (14:33 GMT)
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