11 Mar 2019 13:15
11 March 2019
Victoria Oil & Gas Plc
("VOG" or the "Company")
Posting of Circular & Notice of General Meeting
Victoria Oil & Gas Plc, the integrated natural gas producing utility company in Cameroon, is pleased to announce, further to its announcements of 6 March 2019 and 7 March 2019, that the Shareholder Circular, including the Notice of General Meeting, and Form of Proxy are now available on its website at:
www.victoriaoilandgas.com/shareholdermeetings
Copies of the above-mentioned documents are expected to be posted on 13 March 2019 to those Shareholders who have elected to receive hard copy shareholder communications from the Company.
The General Meeting to seek Shareholder approval for the proposed allotment of the New Ordinary Shares in respect of, inter alia, the Subscription and Placing will be held at 11.00 a.m. on 3 April 2019 at the offices of Kerman & Co LLP, 200 Strand, London, WC2R 1DJ.
Admission to trading and total voting rights
Application will be made to the London Stock Exchange for the admission to trading on AIM of 104,357,488 new Ordinary Shares pursuant to the Subscription and Placing announced on 6 March and 7 March 2019 and a further 270,000 new Ordinary Shares to be issued to Shore Capital Stockbrokers Limited as part of its fees earned in connection with the Fundraising. Subject to Shareholder approval of the Resolution at the General Meeting, it is expected that Admission will occur and that dealings in the New Ordinary Shares will commence at 8.00 a.m. on 4 April 2019 at which time it is also expected that the New Ordinary Shares will be enabled for settlement in CREST.
Following the issue of the New Ordinary Shares, the Company will have 255,073,945 Ordinary Shares in issue and there are no shares held in treasury. Accordingly, this figure will be the total number of voting rights in the Company and may be used by Shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Capitalised terms used in this announcement have the meanings given to them in the Circular dated 11 March 2019 regarding, inter alia, the Fundraising, unless the context provides otherwise.
For further information, please visit www.victoriaoilandgas.com or contact:
Victoria Oil & Gas Plc
Kate Baldwin Tel: +44 (0) 20 7921 8820
Strand Hanson Limited (Nominated & Financial Adviser)
Rory Murphy / Ritchie Balmer / Jack Botros Tel: +44 (0) 20 7409 3494
Shore Capital Stockbrokers Limited (Joint Broker)
Mark Percy / Toby Gibbs (corporate finance) Tel: +44 (0) 207 408 4090
Jerry Keen (corporate broking)
GMP FirstEnergy (Joint Broker)
Jonathan Wright / Hugh Sanderson Tel: +44 (0) 207 448 0200
Camarco (Financial PR)
Billy Clegg Tel: +44 (0) 203 757 4983
Nick Hennis Tel: +44 (0) 203 781 8330
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.