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NTOG Nostra Terra Oil And Gas Company Plc

0.11
0.00 (0.00%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nostra Terra Oil And Gas Company Plc LSE:NTOG London Ordinary Share GB00BZ76F335 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.11 0.10 0.12 0.11 0.11 0.11 1,619,039 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 4.02M -546k -0.0007 -1.57 821.17k

Nostra Terra Oil & Gas Company PLC Magnolia Petroleum Share Acquisition & Disposals (5787V)

03/11/2017 5:15pm

UK Regulatory


Nostra Terra Oil And Gas (LSE:NTOG)
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RNS Number : 5787V

Nostra Terra Oil & Gas Company PLC

03 November 2017

3 November 2017

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

Magnolia Petroleum Share Acquisition & Disposals

Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, provides the following information on the acquisition and disposals of its shareholding in the ordinary shares of Magnolia Petroleum plc ("Magnolia") ("Magnolia Shares") following an investor query.

 
 Transaction    Transaction    Magnolia           Resulting 
  Date           Type           Shares acquired    holding of 
                                / disposed         Magnolia 
                                                   Shares 
-------------  -------------  -----------------  ------------ 
 26 May 2017    Acquisition         204,226,748   204,226,748 
-------------  -------------  -----------------  ------------ 
  29 August 
     2017         Disposal           26,354,002   177,872,747 
-------------  -------------  -----------------  ------------ 
 7 September 
     2017         Disposal           25,872,747   152,000,000 
-------------  -------------  -----------------  ------------ 
  17 October      Disposal          152,000,000           nil 
     2017 
-------------  -------------  -----------------  ------------ 
 

As announced on 17 October 2017, Nostra Terra realised a total consideration of GBP167,500 for its holding of Magnolia Shares, which was a 34% premium to the GBP125,000 the Company originally paid to acquire the shares.

For further information, visit www.ntog.co.uk or contact:

 
 Nostra Terra Oil and Gas Company 
  plc 
  Matt Lofgran, CEO                         +1 480 993 8933 
 Strand Hanson Limited 
  (Nominated & Financial Adviser and 
  Joint Broker)                             +44 (0) 20 7409 3494 
 Rory Murphy / Ritchie Balmer / Jack 
  Botros 
 
 Smaller Company Capital Limited (Joint 
  Broker)                                   +44 (0) 20 3651 2910 
 Rupert Williams / Jeremy Woodgate 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCGMMGMNFLGNZM

(END) Dow Jones Newswires

November 03, 2017 13:15 ET (17:15 GMT)

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