UK Oil and Gas Plc releases result of placement of shares

  • Dec 02, 2019 GMT
  • Team Kalkine
  • The company has raised £2 million from a single institutional investor
  • It has issued 235,294, 117 new ordinary shares for the purpose
  • The issue price of the shares is 0.85 pence per share which is at a discount of 15% to the immediately preceding closing price for the day.
  • The company will utilize funds to augment long-lead time gas utilisation, development of production facilities and on other items

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK