Business
Further sale of investment
Further sale of investment.
About this update from Corcel Plc
[{"type":"text","content":"\n \nRNS Number : 6179P Regency Mines PLC 01 September 2017 \n\nRegency Mines Plc\n(\"Regency\" or \"the Company\")\n \nFurther Sale of Investment\n \n1 September 2017\n \nFurther to the announcement of 31 August 2017, Regency Mines Plc, the natural resource company with interests in oil and mineral exploration, announces that it has sold a further 6,000,000 shares in UK Oil and Gas Investments PLC (\"UKOG\") for a total net consideration of £416,411.24. \n \nThe acquisition cost of the sold shares under the agreement announced on 10 July 2017 was £92,790.27.\n \nFollowing the sales, Regency retains a position of 6,826,158 UKOG shares. \n \nCompany Chairman Andrew Bell comments: \"These sales together with those announced yesterday mean that we have now sold 10,535,704 shares in UKOG at an average price over 7p a share. This concludes the immediate sale programme undertaken to provide liquidity and derisk and rebalance our portfolio of interests.\"\n \nFor further information contact:\nAndrew Bell 0207 747 9960 Chairman Regency Mines Plc\nScott Kaintz 0207 747 9960 Executive Director Regency Mines Plc\nRoland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited\nNeil Badger 0129 351 7744  ...