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NTOG Nostra Terra Oil And Gas Company Plc

0.1025
0.00 (0.00%)
17 Apr 2024 - Closed
Delayed by 15 minutes
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

Nostra Terra Oil & Gas Company PLC Magnolia Petroleum plc General Meeting Requisition (7214H)

09/06/2017 3:33pm

UK Regulatory


Nostra Terra Oil And Gas (LSE:NTOG)
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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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