- UK Oil & Gas Investments said it had raised gross proceeds of £5.5m via an oversubscribed share placing to fund an appraisal well, permitting applications and the lease of two more well sites.

New shares were issued at 0.9p each, representing a 12% discount to the closing price 13 June.

At 8:19am: [LON:UKOG] UK Oil Gas Investments Plc share price was -0.33p at 1.18p

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