Jersey Oil and Gas PLC Exercise of Options (0007K)
July 04 2017 - 2:00AM
UK Regulatory
TIDMJOG
RNS Number : 0007K
Jersey Oil and Gas PLC
04 July 2017
4 July 2017
Jersey Oil and Gas plc
("Jersey Oil & Gas" or the "Company")
Exercise of Options
Jersey Oil & Gas (AIM: JOG), an independent upstream oil and
gas company focused on the UK Continental Shelf region of the North
Sea, announces that on Friday, 28 June 2017 it received a notice of
exercise in respect of certain options to subscribe for 10,487 new
ordinary shares of 1p each in the capital of the Company ("Ordinary
Shares") (the "Option Shares") at a price of GBP1.00 per Option
Share. In aggregate, the exercise of these options amounts to a
cash subscription of GBP10,487.
Application has been made for the Option Shares, which will rank
pari passu with the Company's existing Ordinary Shares, to be
admitted to trading on AIM ("Admission"). It is expected that
Admission will become effective and that dealings in the Option
Shares will commence on AIM at 8.00 a.m. on 10 July 2017. Following
Admission, the Company's total issued share capital will consist of
9,945,542 Ordinary Shares. As the Company does not hold any shares
in Treasury, this figure may be used by shareholders in the Company
as the denominator for the calculations 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
following Admission.
Enquiries:
Jersey Oil and Andrew Benitz, C/o Camarco:
Gas plc CEO Tel: 020 3757 4983
Strand Hanson Limited James Harris Tel: 020 7409 3494
Matthew Chandler
James Bellman
Arden Partners Chris Hardie Tel: 020 7614 5900
plc Benjamin Cryer
BMO Capital Markets Neil Haycock Tel: 020 7236 1010
Tom Rider
Camarco Billy Clegg Tel: 020 3757 4983
Georgia Edmonds
James Crothers
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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