Business
Result of General Meeting
Result of General Meeting.
About this update from United Oil & Gas Plc
[{"type":"text","content":"\n \nRNS Number : 8366X United Oil & Gas PLC 23 December 2019 \n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD VIOLATE THE RELEVANT SECURITIES LAWS OF SUCH JURISDICTION.\nTHIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN UNITED OIL & GAS PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON, IN CONNECTION WITH ANY INVESTMENT DECISION IN RESPECT OF UNITED OIL & GAS PLC. \n \nUnited Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas\n23 December 2019\nUnited Oil & Gas PLC ('United' or 'UOG' or 'the Company')\nResult of General Meeting\nAnd Update on Rockhopper Acquisition\n \nUnited Oil & Gas PLC (AIM: \"UOG\"), the AIM traded oil and gas exploration and development company, is pleased to announce that at the Company's General Meeting held earlier today, all resolutions, as set out in the Circular comprising an AIM Admission Document dated 6 December 2019, were duly passed.\nAccordingly, the acquisition of Rockhopper Egypt Pty Limited which owns a 22 per cent. non-operated working interest in the Abu Sennan Concession and associated development leases in Egypt, is now conditional only upon:\n- EGPC and the Minister of Petroleum and Mineral Resources of Egypt approving the deed of assignment to the Rockhopper Acquisition; and\n- the Rockhopper Acquisition Agreement; the BP facility and the Placing Agreement becoming unconditional save for Admission.\nThe Deed of assignment from EGPC and the Minister of Petroleum and Mineral Resources of Egypt and Admission are expected during January.\nAccordingly, application will be made to the London Stock Exchange for the Enlarged Ordinary Share Capital comprising 619,153,969 Ordinary Shares to be admitted to trading on AIM. A further announcement confirming the Admission d...