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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Uae Oil Services Plc | LSE:UOS | London | Ordinary Share | IM00BF5G7P11 | ORD GBP1.00 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 550.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMUOS
RNS Number : 2534D
UAE Oil Services PLC
24 June 2019
UAE Oil Services PLC
Loan Facility
UAE Oil Services plc (the "Company") is pleased to announce that on 24(th) June 2019 it signed a loan facility agreement with Blue Rock Investments LLC ("Blue Rock") (the "Facility").
The Facility is for a principal amount of GBP100,000 for a period of five years and carries a coupon of 5% per annum.
Khalifa Hasan Ali Saleh Al Hammadi, who owns 37.5% of the issued share capital of the Company, owns 50% of the issued share capital of Blue Rock. As a result, the Company entering into the Facility constitutes a material related party transaction under clause 7.3.8 of the Disclosure and Transparency Rules.
Enquiries:
UAE Oil Services plc www.uaeoilservices.com Stephen Smedley info@uaeoilservices.com Nils Trulsvik WH Ireland Limited ++44 (0)20 7220 1666 James Joyce James Sinclair-Ford
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
MSCSEAFMLFUSEFM
(END) Dow Jones Newswires
June 24, 2019 12:21 ET (16:21 GMT)
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