AOGL Attis Oil And Gas Ltd

TIDMAOGL

RNS Number : 2348V

Attis Oil and Gas Ltd

05 August 2020

Attis Oil & Gas Ltd / Index: AIM / Epic: AOGL/ ISIN: VGG6622A1057 / Sector: Oil and Gas

5 August 2020

Attis Oil & Gas Ltd ('the Company')

Result of General Meeting and AIM Rule 15

Attis today announces that at the General Meeting of the Company held earlier today, the resolution approving the disposal of the Austin Assets was duly passed by shareholders. Accordingly, the disposal of the Austin Assets has completed.

AIM Rule 15

The Company is now an AIM Rule 15 cash shell and, as such, is required to make an acquisition or acquisitions which constitutes a reverse takeover under AIM Rule 14 (including seeking re-admission under the AIM Rules for Companies) within six months from this date. Alternatively, within such time period, the Company can seek to become an investing company pursuant to AIM Rule 8 (which requires, inter alia, the raising of at least GBP6 million and the publication of an admission document). In the event that the Company does not complete a reverse takeover under AIM Rule 14 within such six month period or seek re-admission to trading on AIM as an investing company pursuant to AIM Rule 8, the Company's Ordinary Shares would then be suspended from trading on AIM pursuant to AIM Rule 40. Admission to trading on AIM would be cancelled six months from the date of suspension should the reason for the suspension not have been rectified.

**ENDS**

For further information visit www.attisog.com or contact the following:

 
 Paolo Amoruso     Attis Oil & Gas Ltd           + 1 713 869 1544 
 Roland Cornish    Beaumont Cornish Ltd          +44 20 7628 3396 
                  ----------------------------  ----------------- 
 James Biddle      Beaumont Cornish Ltd          +44 20 7628 3396 
                  ----------------------------  ----------------- 
 Duncan Vasey 
  Lucy Williams    Peterhouse Capital Limited    +44 20 7220 9792 
                  ----------------------------  ----------------- 
 

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END

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August 05, 2020 06:22 ET (10:22 GMT)

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