17th Apr 2015 16:02
LONDON (Alliance News) - UK Oil & Gas Investments PLC Friday said it will receive GBP423,196 after receiving notices of the exercise of warrants and options to subscribe for 70.6 million new shares.
The exercise price for 13.1 million of the warrants and options is set at 1.48 pence, while the exercise price for 57.5 million is set at 0.40p.
UK Oil & Gas shares closed down 12% at 1.63p on Friday.
By Samuel Agini; [email protected]; @samuelagini
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