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Share Name Share Symbol Market Type Share ISIN Share Description
Independent Oil & Gas Plc LSE:IOG London Ordinary Share GB00BF49WF64 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -3.12% 15.50p 15.00p 16.00p 16.00p 15.50p 16.00p 322,836 15:24:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -5.6 4.6 3.4 52.00

Independent Oil & Gas PLC Result of AGM

08/05/2019 2:45pm

UK Regulatory (RNS & others)


Independent Oil & Gas (LSE:IOG)
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RNS Number : 4060Y

Independent Oil & Gas PLC

08 May 2019

8 May 2019

Independent Oil and Gas plc

("IOG" or the "Company")

Result of AGM

Independent Oil and Gas plc (AIM: IOG.L), the development and production focused Oil and Gas Company, announces that all resolutions put to shareholders at the Company's Annual General Meeting ("AGM") held today, were duly passed.

The Company is also pleased to announce that it has confirmed the vesting criteria for the options awarded to directors, senior managers and employees on 1 May 2019 (the "Options"). As announced on 1 May, the Options will vest three years from the date of grant and additionally subject to the sanction of the development of Phase 1 of the Company's Core Project in the Southern North Sea (as set out in the announcement of 1 April 2019); the 30 day volume weighted average price per ordinary share in the capital of the Company being not less than 25p at the time of vesting; and certain health and safety targets having been met.

-ENDS-

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Enquiries:

 
 Independent Oil & Gas PLC 
  Andrew Hockey (CEO) 
  James Chance (CFO) 
  Rupert Newall (Head of Corporate Finance)      +44 (0) 20 3879 0510 
 finnCap Ltd (Nominated Adviser and 
  Joint Broker) 
  Christopher Raggett, Simon Hicks (Corporate 
  Finance) 
  Camille Gochez (Corporate Broking)             +44 (0) 20 7220 0500 
 Peel Hunt LLP (Joint Broker) 
  Richard Crichton 
  David McKeown                                  +44 (0) 20 7418 8900 
 Vigo Communications 
  Patrick d'Ancona 
  Chris McMahon 
  Simon Woods                                    +44 (0) 20 7390 0230 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

RAGSSEFDAFUSELI

(END) Dow Jones Newswires

May 08, 2019 09:45 ET (13:45 GMT)

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