UK Oil & Gas Investments (GB:UKOG) has released an update.
UK Oil & Gas PLC has issued over 244 million new Equity Shares to repay £55,000 of its loan, reducing the principal balance to £0.31 million from the original £2 million. These shares are set for trading on the AIM market, anticipated to commence on 7 June 2024, raising the total voting rights in the company to more than 4.3 billion shares.
For further insights into GB:UKOG stock, check out TipRanks’ Stock Analysis page.
