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United Oil & Gas Plc ( (GB:UOG) ) just unveiled an announcement.
United Oil & Gas Plc announced that all resolutions at its recent General Meeting were passed, enabling the completion of a conditional Fundraising and the admission of new shares to trading on AIM. The company’s board saw the departure of Chairman Graham Martin, with the CEO temporarily assuming the role while a replacement is sought. This development is expected to impact the company’s operations and market positioning as it continues its growth strategy.
More about United Oil & Gas Plc
United Oil & Gas is an oil and gas company with a development asset in the UK and a high impact exploration licence in Jamaica. The company is led by an experienced management team with a track record of growing full cycle businesses, partnered with industry players, and is positioned for future growth through portfolio optimisation and acquisitions. It is listed on the AIM market of the London Stock Exchange.
YTD Price Performance: -8.00%
Average Trading Volume: 33,719,705
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.43M
For detailed information about UOG stock, go to TipRanks’ Stock Analysis page.
