For Immediate Release
26 March 2014
UK Oil & Gas Investments Plc
("UKOG" or the "Company")
Capital Structure
As previously announced, the Annual General Meeting of the Company ("AGM") will be held at 10.00am on 31 March 2014 at the offices of Kerman & Co LLP at 200 Strand, London WC2R 1DJ.
At the AGM the Company is seeking shareholder approval, inter alia, to change the name of all the issued A ordinary shares of 0.01p each in the capital of the Company ("A Ordinary Shares") to "ordinary shares of 0.01p each" ("Ordinary Shares") having the same rights and being subject to the same restrictions as the A Ordinary Shares prior to their name change. The current articles of association will be amended to reflect the proposed changes to the Company's share capital, namely, that there will only be share classes of ordinary shares of 0.01p each and deferred shares of 0.001p each in the share capital of the Company.
Application has been made therefore for the new Ordinary Shares to be admitted to trading on AIM on 1 April 2014 and the cancellation of the existing A Ordinary and B Ordinary Shares.
The Company will then have 807,396,843 Ordinary Shares in issue with voting rights and admitted to trading on AIM. This figure may then be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules.
The AIM ticker and ISIN will remain unchanged.
Copies of the Notice of AGM and Proxy Voting form are available for viewing on the Company's website, www.ukogplc.com
For further information, please contact:
UK Oil& Gas Investments PLC David Lenigas / Donald Strang |
Tel: 020 7440 0640 |
Beaumont Cornish (Nominated Adviser) Roland Cornish / Michael Cornish |
Tel: 020 7628 3396 |
Hume Capital Securities PLC (Corporate Broker) David Lawman |
Tel: 020 7101 7070 |
Square 1 Consulting (Public Relations) David Bick/Mark Longson |
Tel: 020 7929 5599 |
ENDS
