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