Victoria Oil & Gas PLC Issue of Shares in Lieu of Bonus (4751H)
June 08 2017 - 2:00AM
UK Regulatory
TIDMVOG
RNS Number : 4751H
Victoria Oil & Gas PLC
08 June 2017
Victoria Oil & Gas PLC (AIM: VOG)
8 June 2017
Victoria Oil & Gas Plc
("VOG" or "the Company")
Issue of Shares in Lieu of Bonus
Victoria Oil & Gas Plc announces that bonus awards have been
made to certain employees of and consultants to Gaz du Cameroun
S.A., the Company's wholly-owned subsidiary, for the year ended 31
December 2016 and that they have elected to receive this by
subscribing for new ordinary shares of 0.5p in the Company
("Ordinary Shares") at 41.5 pence per share, being the volume
weighted average share price for the period 1 January 2016 to 28
April 2017.
Accordingly, in aggregate, 378,664 new Ordinary Shares have been
issued and application has been made to the London Stock Exchange
for the admission of the new Ordinary Shares to trading on AIM
("Admission"). Admission is expected to become effective and
dealings in the new Ordinary Shares are expected to commence at
8.00 a.m. on 13 June 2017. Following Admission, the Company will
have 110,571,762 Ordinary Shares in issue.
For further information, please visit www.victoriaoilandgas.com
or contact:
Victoria Oil & Gas Plc
Kevin Foo / Laurence Read Tel: +44 (0) 20 7921 8820
Strand Hanson Limited (NOMAD)
Rory Murphy / Stuart Faulkner / James Dance 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)
FirstEnergy Capital LLP (Joint Broker)
Jonathan Wright / David van Erp 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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