9th May 2018 16:03
LONDON (Alliance News) - UK Oil & Gas Investments PLC said on Wednesday it has issued 18.7 million shares following a notice of a partial loan conversion from Cuart Investments PCC Ltd and YA II PN Ltd, with an aggregate value of GBP250,000.
Following this conversion, the loan's outstanding par value is GBP4.3 million and UK Oil & Gas Investments now has 3.85 billion shares issued overall.
Shares in the company were down 1.6% at 1.50 pence on Wednesday.
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UK Oil & Gas