Business
Completion of Disposal of Magnolia Shares
Completion of Disposal of Magnolia Shares.
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n \nRNS Number : 8288T Nostra Terra Oil & Gas Company PLC 17 October 2017 \n\n17 October 2017\n \nNostra Terra Oil and Gas Company plc\n(\"Nostra Terra\" or the \"Company\")\n \nCompletion of Disposal of Magnolia Petroleum Shares\n \nNostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt is pleased to announce that is has sold its remaining holding of 152,000,000 ordinary shares in Magnolia Petroleum plc (\"Magnolia\"). \n \nAs a result of this disposal, and the earlier disposals undertaken by the Company, Nostra Terra is pleased to report it has been able to realise a total consideration of £167,500 for its holding of Magnolia ordinary shares, which is a 34% premium to the £125,000 the Company originally paid to acquire the shares. \n \nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \nFor further information, visit www.ntog.co.uk or contact:\n \n\n\n\n\nNostra Terra Oil and Gas Company plc\nMatt Lofgran, CEO\n \n\n\n\n\n\n+1 480 993 8933\n\n\n\n\n\n\n\nStrand Hanson Limited\n(Nominated & Financial Adviser and Joint Broker)\n\n\n\n\n\n+44 (0) 20 7409 3494\n\n\n\n\n\n\n\nRory Murphy / Ritchie Balmer / Jack Botros\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSmaller Company Capital Limited (Joint Broker)\n\n\n\n\n\n+44 (0) 20 3651 2910\n\n\n\n\n\n\n\nRupert Williams / Jeremy Woodgate\n\n\n\n\n\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DISMRBMTMBJBBMR\n ","length":4774,"tagName":"div"}]