RE: Placing21 Nov 2025 07:24
Bet its gone to insiders and they'll be a deal next week for storage
Stephen Sanderson UKOG's Chief Executive commented:
"Β We are delighted that this additional funding means the Company has now secured new investment of over Β£5 million since early October, 2025. Crucially, these funds will assist us in carrying out our currently planned and budgeted 2026 hydrogen storage, hydrogen production and energy transition activities. The new funding will also help us to deliver a second collaboration with a substantive regional hydrogen pipeline provider, in addition to collaboration with National Gas. These collaborations are both essential steps that will strengthen our intended application for government hydrogen storage revenue support in the coming year.