Business
Magnolia Petroleum Share Acquisition & Disposals
Magnolia Petroleum Share Acquisition & Disposals.
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n \nRNS Number : 5787V Nostra Terra Oil & Gas Company PLC 03 November 2017 \n\n3 November 2017\n \nNostra Terra Oil and Gas Company plc\n(\"Nostra Terra\" or the \"Company\")\n \nMagnolia Petroleum Share Acquisition & Disposals\n \nNostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, provides the following information on the acquisition and disposals of its shareholding in the ordinary shares of Magnolia Petroleum plc (\"Magnolia\") (\"Magnolia Shares\") following an investor query. \n \n\n\n\n\nTransaction Date\n\n\nTransaction Type\n\n\nMagnolia Shares acquired / disposed\n\n\nResulting holding of Magnolia Shares\n\n\n\n\n26 May 2017\n\n\nAcquisition\n\n\n204,226,748\n\n\n204,226,748\n\n\n\n\n29 August 2017\n\n\nDisposal\n\n\n26,354,002\n\n\n177,872,747\n\n\n\n\n7 September 2017\n\n\nDisposal\n\n\n25,872,747\n\n\n152,000,000\n\n\n\n\n17 October 2017\n\n\nDisposal\n\n\n152,000,000\n\n\nnil\n\n\n\n\n \nAs announced on 17 October 2017, Nostra Terra realised a total consideration of £167,500 for its holding of Magnolia Shares, which was a 34% premium to the £125,000 the Company originally paid to acquire the shares.\n \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 MSCGMMGMNFLGNZM\n ","length":6528,"tagName":"div"}]