Update on Settlement of Magnolia Shares

RNS Number : 5545M
Nostra Terra Oil & Gas Company PLC
31 July 2017
 

31 July 2017

 

Nostra Terra Oil and Gas Company plc

("Nostra Terra" or the "Company")

 

Update on Settlement of Magnolia Shares

 

Further to Nostra Terra's announcements of 26 May 2017 and 5 July 2017, the Company announces that the transfer of 204,226,749 ordinary shares of £0.001 each in Magnolia ("Magnolia Shares") from Steven Snead and his family ("Snead Family") is currently being processed and is anticipated to complete in the coming weeks. 

 

As announced on 5 July 2017, transfer of legal title was to have been completed by 31 July 2017 but has taken longer due to administrative delays in delivering certificated stock held in family trusts from the US.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

For further information, visit www.ntog.co.uk or contact:

 

Nostra Terra Oil and Gas Company plc

Matt Lofgran, CEO

 


+1 480 993 8933


Strand Hanson Limited

(Nominated Adviser and Joint Broker)


+44 (0) 20 7409 3494


 

Rory Murphy / Ritchie Balmer / Jack Botros




 

Smaller  Company Capital Limited (Joint Broker)


+44 (0) 20 3651 2910


 

Rupert Williams / Jeremy Woodgate

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCWGURGMUPMURG
UK 100

Latest directors dealings