10th Apr 2019 17:46
LONDON (Alliance News) - Jersey Oil & Gas PLC on Wednesday said Schroders PLC held a less than 5% stake in the company after a deal on Tuesday.
Prior to the transaction, Schroders held a 9.95% stake in Jersey Oil & Gas. Its exact holding following the deal has not been disclosed.
Shares in Jersey Oil & Gas closed down 2.0% at 74.00 pence on Wednesday.
On Wednesday last week, shares in Jersey Oil & Gas sank almost 60% after disappointing results from its drilling in the UK Continental Shelf region of the North Sea and have not recovered.
Related Shares:
SchrodersJersey Oil & Gas plc