Corcel plc has issued 3,556,362 ordinary shares of £0.0001 each in the company under its share incentive plan for the 2023-24 tax year. The scheme was agreed in the Trustees meetings on 2 April and 8 May 2024. The SIP allows eligible employees to have monthly salary deductions to be held by the SIP Trustees until the end […]
Tag: shares issue
UKOG further cuts loan with 228m shares issue
UK Oil & Gas plc has issued a further 228,215,768 equity shares to repay £55,000 of the 2023 loan from RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. The loan’s principal balance is now £370,000 of the £2 million gross first cash sum received by the company. Following admission, UKOG’s total voting rights […]
Red Rock issues 81m incentive shares
Red Rock Resources plc has issued 80,928,000 ordinary shares of £0.0001 each in the company under its share incentive plan. The awards are for the 2023/24 tax year as agreed by the trustees in their meeting held on 2 April 2024. Under the SIP, all eligible employees may elect to have monthly deductions from their salary […]
UKOG further reduces loan with 200m shares issue
UK Oil & Gas plc has reduced its 2023 loan by issuing 200 million ordinary shares to lenders RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. Conversion of the equity shares will further reduce the current £545,000 principal balance of the £2m gross first cash sum received. UKOG said that the reduction in […]
UKOG issues 207m shares to reduce £2m loan
UK Oil & Gas plc has issued 206,965,282 ordinary shares to reduce the £2 million loan from lenders RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. Future conversion of the shares will further reduce the principal balance below January’s £660,000 figure. Following admission, the total voting rights in the company will be 3,460,957,892 ordinary shares. […]
Corcel issues 99m shares from £750,000 CLNs
Corcel plc received notice to convert its outstanding £750,000 convertible loan notes plus interest into 98,917,808 new ordinary shares of the company at a price of £0.008. DIRECTORS The company said that the notice from Extraction Premium and Mining Ltd (EXT) retired the current balance of the facility in full. EXT, incorporated in the UK, is […]