UKOG Announces Results of Open Offer

Source: www.gulfoilandgas.com 7/27/2021, Location: Europe

AIM-listed UK Oil & Gas (UKOG) has announced that the Open Offer to shareholders announced on 9 July 2021 closed for acceptances, in accordance with its terms, at 11.00 a.m. on 26 July 2021.

The Company received valid applications in respect of a total of 256,974,621 new ordinary shares in the Company ('Open Offer Shares'). The aggregate amount raised pursuant to the Open Offer was £462,554.

Further to the announcement of 9 July 2021, application has been made to the London Stock Exchange for the admission of the Open Offer Shares to trading on AIM. It is expected that Admission will occur and that dealings will commence at 8.00 a.m. on or around 2 August 2021.


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