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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Solo Oil Plc | LSE:SOLO | London | Ordinary Share | GB00BF1BK408 | ORD 0.20P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.85 | 1.80 | 1.90 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMSOLO
RNS Number : 0618P
Solo Oil Plc
08 October 2019
8 October 2019
Solo Oil plc
("Solo" or "the Company")
Disposal of Burj investment completed
Solo Oil (AIM: SOLO), a natural resources investment company focused on acquiring a balanced portfolio of production, development and exploration assets, announces that further to its announcement on 10 September 2019 regarding the Company's exit of its 20% investment in Burj Petroleum Africa Limited ("Burj"), no other shareholders in Burj have exercised their pre-emption rights in relation to the proposed sale by Solo during the prescribed period, and therefore the disposal by Solo of its shareholding in Burj has now completed.
Solo has divested its interest in this non-core asset for a nominal fee of GBP1, and in doing so has also relinquished any future costs associated with Burj.
For further information:
Solo Oil plc Alastair Ferguson +44 (0) 20 7440 0642 Strand Hanson Nominated & Financial Adviser Rory Murphy / James Spinney / Ritchie Balmer +44 (0) 20 7409 3494 Shore Capital Broker Jerry Keen Buchanan Financial PR Ben Romney / Kelsey Traynor/ James +44 (0) 20 7408 4090 Husband +44 (0) 20 7466 5000
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
DISMRBBTMBMMTIL
(END) Dow Jones Newswires
October 08, 2019 02:00 ET (06:00 GMT)
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