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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Regency Mines Plc | LSE:RGM | London | Ordinary Share | GB00BKM69866 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.90 | 0.85 | 0.95 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRGM
RNS Number : 6179P
Regency Mines PLC
01 September 2017
Regency Mines Plc
("Regency" or "the Company")
Further Sale of Investment
1 September 2017
Further to the announcement of 31 August 2017, Regency Mines Plc, the natural resource company with interests in oil and mineral exploration, announces that it has sold a further 6,000,000 shares in UK Oil and Gas Investments PLC ("UKOG") for a total net consideration of GBP416,411.24.
The acquisition cost of the sold shares under the agreement announced on 10 July 2017 was GBP92,790.27.
Following the sales, Regency retains a position of 6,826,158 UKOG shares.
Company Chairman Andrew Bell comments: "These sales together with those announced yesterday mean that we have now sold 10,535,704 shares in UKOG at an average price over 7p a share. This concludes the immediate sale programme undertaken to provide liquidity and derisk and rebalance our portfolio of interests."
For further information contact:
Andrew Bell 0207 747 9960 Chairman Regency Mines Plc
Scott Kaintz 0207 747 9960 Executive Director Regency Mines Plc
Roland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited
Neil Badger 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISSSWFEFFWSELU
(END) Dow Jones Newswires
September 01, 2017 08:48 ET (12:48 GMT)
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