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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lansdowne Oil & Gas Plc | LSE:LOGP | London | Ordinary Share | GB00B1250X28 | 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% | 0.10 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -364k | -0.0003 | -3.33 | 1.19M |
TIDMLOGP
RNS Number : 3248K
Lansdowne Oil & Gas plc
31 December 2020
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. If you have any queries on this, then please contact Steve Boldy, the Chief Executive Officer of the Company (responsible for arranging release of this announcement).
31 December 2020
Lansdowne Oil & Gas plc
("Lansdowne" or the "Company")
Shareholder Update
Lansdowne Oil & Gas plc (AIM: LOGP), the North Celtic Sea focused, oil and gas company, has today been advised by Lampe, Conway & Co LLC ("LC Capital") of the sale of 45,160,668 Ordinary Shares of 0.1 pence each in the Company ("Ordinary Shares") in the Company (the "Trade").
The Company has been advised by LC Capital the Trade was part of a broader year-end rebalancing, which has now been completed. The Trade was executed in an orderly manner, with the stock being placed to several existing long-term shareholders identified by the Company's joint broker and significant shareholder, Brandon Hill Capital.
LC Capital has advised the Company directly that it views the remaining 171,241,938 Ordinary Shares it holds, representing 19.60% of the issued share capital of the Company, as a strategic long-term investment. Recently LC Capital entered into a one-year extension of the repayment date of the LC Capital Master Fund Loan, once again highlighting their ongoing support for the Company.
For further information please contact:
Lansdowne Oil & Gas plc +353 1 963 1760 Steve Boldy SP Angel Corporate Finance LLP +44 (0) 20 3470 0470 Nominated Adviser and Joint Broker Stuart Gledhill Richard Hail Brandon Hill Capital +44 (0) 20 3463 5061 Joint Broker Oliver Stansfield
Notes to editors:
About Lansdowne
Lansdowne Oil & Gas (LOGP.LN) is a North Celtic Sea focused, oil and gas exploration and appraisal company quoted on the AIM market and head quartered in Dublin.
For more information on Lansdowne, please refer to www.lansdowneoilandgas.com .
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.
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(END) Dow Jones Newswires
December 31, 2020 07:26 ET (12:26 GMT)
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