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United Oil & Gas Plc Announces New Share Issuance

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United Oil & Gas Plc Announces New Share Issuance

The latest announcement is out from United Oil & Gas Plc ( (GB:UOG) ).

United Oil & Gas Plc announced the issuance of 59,523,810 new ordinary shares, which will be admitted to trading on the AIM market of the London Stock Exchange on 11 February 2025. This move increases the company’s total issued share capital to 1,915,877,779 ordinary shares with voting rights, allowing shareholders to use this figure for determining their interest in the company under the Financial Conduct Authority’s rules.

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 license in Jamaica. The business is managed by a seasoned team with a solid track record in growing businesses and is strategically positioned to achieve growth through portfolio optimization and targeted acquisitions. United Oil & Gas is listed on the AIM market of the London Stock Exchange.

YTD Price Performance: -3.00%

Average Trading Volume: 36,475,905

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £1.81M

For an in-depth examination of UOG stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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