Last checked at 21 Oct 2015 15:50
21 October 2015
Jersey Oil & Gas plc
("Jersey Oil & Gas" or the "Company")
Issue of Equity
Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, announces the issue of a total of 26,734 ordinary shares of 1p each ("Ordinary Shares") to an adviser in lieu of fees in connection with the Company's recent recruitment of a Non-Executive Director (the "Fee Shares").
Application will be made to the London Stock Exchange for admission of the Fee Shares to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 27 October 2015. The Fee Shares will rank pari passu with the existing ordinary shares of 1p each in the Company.
Following Admission, the total number of voting rights in the Company will be 8,391,473, with each ordinary share carrying the right to one vote.
The above figure of 8,391,473 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in Jersey Oil & Gas under the FCA's Disclosure and Transparency Rules.
Enquiries:
Jersey Oil & Gas plc
| Scott Richardson Brown, Finance Director
| Tel: 020 3705 9200 |
Strand Hanson Limited | James Harris Matthew Chandler James Spinney
| Tel: 020 7409 3494 |
FirstEnergy Capital LLP | Hugh Sanderson David van Erp
| Tel: 020 7448 0200
|
Camarco | Billy Clegg Georgia Mann | Tel: 020 3757 4983 |