Independent Oil & Gas PLC (LON:IOG)

Independent Oil & Gas PLC (LON:IOG)


Share Price
15.63 p
Change
0.75 (5.04 %)
Market Cap
£52.73 m
Proactive Investors - Run By Investors For Investors

Independent Oil & Gas PLC RNS Release

Result of AGM


RNS Number : 4060Y
Independent Oil & Gas PLC
08 May 2019
 

8 May 2019

 

 

 

Independent Oil and Gas plc

("IOG" or the "Company")

 

Result of AGM

 

Independent Oil and Gas plc (AIM: IOG.L), the development and production focused Oil and Gas Company, announces that all resolutions put to shareholders at the Company's Annual General Meeting ("AGM") held today, were duly passed.

 

The Company is also pleased to announce that it has confirmed the vesting criteria for the options awarded to directors, senior managers and employees on 1 May 2019 (the "Options"). As announced on 1 May, the Options will vest three years from the date of grant and additionally subject to the sanction of the development of Phase 1 of the Company's Core Project in the Southern North Sea (as set out in the announcement of 1 April 2019); the 30 day volume weighted average price per ordinary share in the capital of the Company being not less than 25p at the time of vesting; and certain health and safety targets having been met.

 

-ENDS-

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

 

Enquiries:

 

Independent Oil & Gas PLC

Andrew Hockey (CEO)

James Chance (CFO)
Rupert Newall (Head of Corporate Finance)

 

 

+44 (0) 20 3879 0510

finnCap Ltd (Nominated Adviser and Joint Broker)

Christopher Raggett, Simon Hicks (Corporate Finance)

Camille Gochez (Corporate Broking)

 

+44 (0) 20 7220 0500

Peel Hunt LLP (Joint Broker)

Richard Crichton

David McKeown

 

+44 (0) 20 7418 8900

Vigo Communications

Patrick d'Ancona

Chris McMahon

Simon Woods

 

+44 (0) 20 7390 0230

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
RAGSSEFDAFUSELI

Independent Oil & Gas PLC Timeline

Newswire
January 04 2019

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use