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AI Summary

On 25 July 2024, UK Oil & Gas PLC announced it has fully repaid the balance of its convertible loan facility. The repayment was made to RiverFort Global Opportunities PCC Limited and YA II PN Ltd. As a result of this action, the Company is now debt free.

RNS Metadata

Date	25 Jul 2024
Time	07:00:04
Category	Corporate updates
ID	7231X

/Equities/AIMX/UKOG/RNS

Convertible loan fully repaid

RNS Number : 7231X

UK Oil & Gas PLC

25 July 2024

UK Oil & Gas PLC

("UKOG" or the "Company")

Convertible loan fully repaid

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that it has fully repaid the balance of the convertible loan facility with RiverFort Global Opportunities PCC Limited and YA II PN Ltd and, as a result, the Company is now debt free.

For further information, please contact:

UK Oil & Gas plc

Stephen Sanderson/ Allen D Howard/ Guzyal Mukhametzhanova Tel: 01483 941493

Zeus Capital Limited (Nominated Adviser and Broker)

James Joyce / Andrew de Andrade/James Bavister Tel: 0203 829 5000

Communications

Brian Alexander Tel: 01483 941493

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDQZLFLZDLLBBX

AI Summary

On 25 July 2024, UK Oil & Gas PLC announced it has fully repaid the balance of its convertible loan facility. The repayment was made to RiverFort Global Opportunities PCC Limited and YA II PN Ltd. As a result of this action, the Company is now debt free.

RNS Metadata

Date	25 Jul 2024
Time	07:00:04
Category	Corporate updates
ID	7231X

RNS Number : 7231X

UK Oil & Gas PLC

25 July 2024

UK Oil & Gas PLC

("UKOG" or the "Company")

Convertible loan fully repaid

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that it has fully repaid the balance of the convertible loan facility with RiverFort Global Opportunities PCC Limited and YA II PN Ltd and, as a result, the Company is now debt free.

For further information, please contact:

UK Oil & Gas plc

Stephen Sanderson/ Allen D Howard/ Guzyal Mukhametzhanova Tel: 01483 941493

Zeus Capital Limited (Nominated Adviser and Broker)

James Joyce / Andrew de Andrade/James Bavister Tel: 0203 829 5000

Communications

Brian Alexander Tel: 01483 941493

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDQZLFLZDLLBBX

TIDM	UKOG
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TIDM	UKOG
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Convertible loan fully repaid

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