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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Nu-oil And Gas Plc | LSE:NUOG | London | Ordinary Share | GB00B29T9605 | ORD 0.0001P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0275 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMNUOG
RNS Number : 0172M
Nu-Oil and Gas PLC
07 October 2016
NU-OIL AND GAS PLC
AIM ticker: 'NUOG'
7 October 2016
NU-Oil and Gas plc
("NU-Oil" or "the Company")
Exercise of Warrants
The Company announces that it has received an exercise notice from a warrant holder for the exercise of 5,714,286 warrants over ordinary shares of 0.1p par value in the capital of the Company ("Ordinary Shares") at an exercise price of 0.35p.
Total Voting Rights
Application has been made for admission of these 5,714,286 new Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place at 8.00 a.m. on 13 October 2016. Following Admission, there will be a total of 494,792,348 Ordinary Shares in issue. Shareholders should therefore use the figure of 494,792,348 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.
Enquiries:
NU-Oil and Gas plc
Alan Minty, Executive Chairman Tel: + 44 161 817 7460 Nigel Burton, CEO Tel: +44 7785 234 447 Beaufort Securities Limited Tel: +44 20 7382 8300
Jon Belliss
Elliot Hance
Cenkos Securities
Neil McDonald Tel: +44 131 220 9771 Derrick Lee Tel: + 44 131 220 6939 St Brides Partners Limited Tel: +44 20 7236 1177
Elisabeth Cowell
Lottie Brocklehurst
www.nu-oilandgas.com
Note to Editors:
NU-Oil and Gas plc is an independent oil and gas company whose strategy is to build a diverse portfolio of assets with a strong emphasis on acquiring interests in stranded and marginal fields. These fields are low risk highly-appraised projects and consequently the Company's entry cost will be low. NU-Oil will look to develop these assets utilising solutions delivered by Marginal Field Development Company (MFDevCo) and the MFD Consortium, which can significantly improve the development economics of a project. This is also expected to enable the early booking of reserves.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEUGGPPUUPQGGM
(END) Dow Jones Newswires
October 07, 2016 07:26 ET (11:26 GMT)
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