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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Upland Resources Limited | LSE:UPL | London | Ordinary Share | JE00BJXN4P16 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.20 | 4.10 | 4.30 | 4.30 | 4.20 | 4.20 | 3,716,966 | 09:44:25 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -494k | -0.0007 | -60.00 | 28.84M |
TIDMUPL
RNS Number : 6700Q
Upland Resources Limited
01 December 2016
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
This announcement is an advertisement and not a prospectus. This announcement is not an offer for sale, or a solicitation of an offer to acquire, securities in any jurisdiction, including in or into the United States, Canada, Australia, or Japan. Investors should not subscribe for or purchase any transferable securities referred to in this announcement except on the basis of information in the prospectus dated 28 November 2016 (the "Prospectus") published by the Company in connection with the Placing and the Wressle Farm-ins.
1 December 2016
UPLAND RESOURCES LIMITED
("Upland" or the "Company")
Completion of Placing of 169,230,770 Placing Shares
Further to its announcement on 24 November 2016 of the proposed farm-ins to 10% interests in PEDLs 180 & 182 (including the Wressle Field) (the "Wressle Farm-ins") and the proposed placing of 169,230,770 new shares of no par value in the Company at 1.3p per share (the "Placing") to raise GBP2.2 million (before expenses), Upland Resources Limited (LSE: UPL), the oil and gas company actively building a portfolio of attractive upstream assets, is pleased to announce that the Placing was completed on admission of all the Placing Shares to listing on the UK Listing Authority's Official List (standard listing segment) and to trading on the London Stock Exchange's main market for listed securities ("Admission") which became effective at 8.00 am today.
- Directors' participation
All of the Directors participated in the Placing and subscribed for an aggregate of 64,769,230 Placing Shares for aggregate GBP842,000 in cash (at the placing price of 1.3p per share), further details of which are set out in Part IX (The Placing) of the Prospectus.
Total Voting Rights
Following Admission, the Company has 383,168,631 shares of no par value in issue, each with one vote per share (and none of which are held in treasury). The total number of voting rights in the Company is therefore 383,168,631. This figure of 383,168,631 may be used by shareholders in the Company as the denominator for calculations to determine if they have a notifiable interest in the share capital of the Company under the Disclosure Guidance and Transparency Rules, or if such interest has changed.
Contact details:-
Upland Resources Limited www.uplandres.com ============================ ========================================================= Steve Staley, CEO Tel: 07891 677 441 s.staley@uplandres.com ============================ ========================================================= Optiva Securities Limited www.optivasecurities.com ============================ ========================================================= Jeremy King (Corporate Tel: 020 3137 1904 Finance) jeremy.king@optivasecurities.com ============================ ========================================================= Christian Dennis (Corporate Tel: 020 3411 1882 christian.dennis@optivasecurities.com Broker) ============================ ========================================================= FlowComms Ltd www.flowcomms.com ============================ ========================================================= Sasha Sethi (Investor Tel: 07891 677 441 Relations) sasha@flowcomms.com ============================ =========================================================
Notes
Upland is an upstream oil & gas company whose highly experienced management has a track record of creating major value for shareholders in junior oil & gas companies, including Cove Energy plc. The Company has extensive technical and commercial skills and contacts, management having held senior roles in Petronas, Conoco, Shell etc. Upland is taking advantage of the current market conditions to acquire quality upstream assets on attractive terms.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
December 01, 2016 03:18 ET (08:18 GMT)
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