RNS Number : 2997K

Nu-Oil and Gas PLC

31 December 2020

31 December 2020

Nu-Oil and Gas plc

("the Company" or "NUOG")

Corporate Update and Change of Registered Office Address

Nu-Oil and Gas PLC (AIM:NUOG), the AIM Rule 15 cash shell, confirms that following the termination of the proposed reverse takeover transaction announced on 14 April 2020 and following legal advice on the terms of the MoU entered into with the counter party, the Company has taken steps to recover costs incurred in relation to, inter alia, due diligence on the transaction.

In parallel, the Board has continued to advance discussions with various stakeholders to conclude an alternative reverse takeover transaction. The Company will update the market on these developments as soon as it is in a position to do so.

The Company also announces that with effect from 2 January 2021, the registered office of the Company will change to 85 Great Portland Street, First Floor, London, W1W 7LT.


 Nu-Oil and Gas plc 
 Investor Relations & Communications   Tel: +44 (0)20 3411 8737 
 Strand Hanson Limited                 Tel: +44 (0)20 7409 3494 
  Rory Murphy/Ritchie Balmer/Jack 
 Novum Securities Limited              Tel: +44 (0)20 7399 9425 
 Jon Bellis 


The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

December 31, 2020 06:25 ET (11:25 GMT)

Nu-oil And Gas (LSE:NUOG)
Gráfica de Acción Histórica
De Ago 2021 a Sep 2021 Haga Click aquí para más Gráficas Nu-oil And Gas.
Nu-oil And Gas (LSE:NUOG)
Gráfica de Acción Histórica
De Sep 2020 a Sep 2021 Haga Click aquí para más Gráficas Nu-oil And Gas.