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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Natasa Min | LSE:NSN | London | Ordinary Share | KYG6395A1004 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 31.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMUEP TIDMNSN
RNS Number : 5121E
UMC Energy PLC
07 April 2011
UMC Energy plc
("UMC" or the "Company")
Option
The Directors of UMC wish to advise that the Company has entered a twelve month option to acquire the entire issued share capital of a Papua New Guinea ("PNG") incorporated company which, if exercised, would result in the issue of 240 million new ordinary shares in UMC and would therefore constitute a substantial transaction by the Company under the AIM Rules. The PNG company presently has a number Petroleum Prospecting Licences in PNG and is in the process of applying for additional licences in that country. No consideration was paid by UMC for the option.
Enquiries:
Annie Richards
UMC Energy plc
Tel: 020 7514 1480
Angela Peace
Strand Hanson Ltd
Tel: 020 7409 3494
This information is provided by RNS
The company news service from the London Stock Exchange
END
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