26th Feb 2019 14:12
LONDON (Alliance News) - United Oil & Gas PLC on Tuesday said it applied for its shares to start trading on AIM and be cancelled from their listing on the London Main Market.
The company expects the admission on AIM to be effective from March 1.
"The board believes that the move to AIM is in the best interests of the company and its shareholders as, in the opinion of the directors, AIM represents a better fit for fast growing companies of United's size," the company said.
United Oil & Gas shares were trading down 1.2% at 4.40 pence each on Tuesday afternoon.
Related Shares:
United Oil&gas