UK Oil & Gas Investments (GB:UKOG) has released an update.
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UK Oil & Gas PLC has announced a new offering of Retail Offer Shares exclusively for its existing UK retail shareholders, alongside a separate placement of new shares. The offer, conducted via CMC CapX, allows shareholders to participate at a minimum subscription of £250, with the expectation that shares will be admitted to trading on the AIM market around August 27, 2024. The initiative underscores the company’s commitment to its retail shareholder base and provides an opportunity for these investors to potentially increase their stake in the company.
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