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Uae Oil Services Plc

0.00 (0.0%)
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 Shares Traded Last Trade
  0.00 0.0% 550.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 550.00 GBX

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17/8/202109:21UAE Oil Services PLC 77

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Posted at 17/8/2018 17:04 by mr motivator
UAE Oil Services PLC Potential Acquisition and Suspension
17/08/2018 4:58pm
UK Regulatory (RNS & others)

Uae Oil Servic. (LSE:UOS)
Intraday Stock Chart
Today : Friday 17 August 2018

Click Here for more Uae Oil Servic. Charts.

RNS Number : 2079Y

UAE Oil Services PLC

17 August 2018

UAE Oil Services plc

Potential Acquisition and Suspension

The Directors of UAE Oil Services plc (the "Company"), the listed special purpose acquisition company, note the increase in the Company's share price today.

As set out in the Company's Prospectus dated 19 April 2018, the Company was formed for the purpose of making acquisitions in the oil and gas support services and infrastructure sector in the Middle East and North Africa, with an initial focus in the United Arab Emirates.

The Company confirms that it is in discussions over the share-for-share acquisition of the OBN Group, an oil services business in the United Arab Emirates (the "Transaction"). The terms of the Potential Acquisition have not been finalised and it remains subject to due diligence, completion of a fundraising and re-listing of the enlarged group on the London Stock Exchange. Accordingly, there is no certainty that it will be completed.

If the Transaction is completed, it will constitute a reverse takeover under the Listing Rules and will be subject to approval by shareholders of the Company at a general meeting. As the Company is unable to provide full disclosure under Rule 5.6.15 of the Listing Rules, the Company has requested the UKLA suspend listing of its ordinary shares on the Standard Segment of the Official List, and as traded on the Main Market of London Stock Exchange pending publication of a prospectus in relation to the General Meeting setting out details of the Transaction (or in the alternative the Company announces that the discussions have been terminated). Suspension of trading will be effective from 4.30 p.m. on 17 August 2018.

Further announcements will be made in due course as the Transaction progresses.

Posted at 17/8/2018 11:56 by letmepass
What's the sell price..oops you can't
Posted at 17/8/2018 11:52 by mr motivator
Mr Motivator15 Aug '18 - 17:59 - 1 of 15 Edit
0 0 0

Posted at 15/8/2018 17:59 by mr motivator
Posted at 15/8/2018 17:59 by mr motivator

RNS Number : 9759L

UAE Oil Services PLC

25 April 2018

UAE Oil Services Plc

First Day of Dealings

UAE Oil Services Plc (or the "Company") announces that its entire ordinary share capital, consisting of 1,000,000 Ordinary Shares of GBP1.00 each, has today been admitted to the Standard Listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities under the following TIDM: UOS and ISIN: IM00BF5G7P11.

Dealings in the Company's shares will commence on the Main Market at 8.00 a.m. GMT today.

About the Business

The Company has been formed for the purpose of making acquisitions in the oil and gas support services and infrastructure sector in the Middle East and North Africa, with an initial focus in the United Arab Emirates ("UAE").

The Company aims to identify suitable targets within the oil and gas support services sectors, including but not limited to bunkering, fleet and storage facilities, shipping, physical commodity trading, distribution and marketing of finished products. The Board will focus its search on target companies that supply refined products with the intention of building a business which covers aspects of the supply chain for distributing energy and commodity products throughout the MENA region and beyond.

The Company owns no assets other than cash on bank deposit of approximately GBP770,000 representing an initial equity investment of GBP1,000,000 less expenses incurred in relation to Admission.

The prospectus prepared by the Company in connection with Admission is available on

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