StockMarketWire.com - Solo Oil said it had completed the planned disposal of its 20% in Burj Petroleum Africa.

No other shareholders in Burj had exercised their pre-emption rights in relation to the proposed sale.

Solo had divested its interest in the non-core asset for a nominal fee of £1, and in doing so had also relinquished any future costs associated with Burj.


At 9:16am: [LON:SOLO] Solo Oil PLC share price was +0.01p at 2.38p



Story provided by StockMarketWire.com