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IOGWed, 25th Sep 2019 15:19
(Alliance News) - Independent Oil & Gas PLC on Wednesday said Swiss shareholder Burggraben Holding AG has cut its stake by nearly half.
Before Tuesday's transaction, Burggraben had a 15.1% stake in IOG, but this has been reduced to 9.2%.
IOG, which owns assets in the North Sea, was 1.3% lower on Wednesday afternoon in London at 19.50 pence each.
By George Collard; georgecollard@alliancenews.com
Copyright 2019 Alliance News Limited. All Rights Reserved.
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