TIDMGUN TIDMUKOG

RNS Number : 7860B

Gunsynd PLC

25 September 2018

Gunsynd plc

("Gunsynd" or the "Company")

Completion of Disposal of Interest in HHDL to UKOG PLC

Further to the announcements of 20 and 30 August 2018, Gunsynd plc (AIM: GUN, NEX: GUN) announces completion of the disposal of its 2% interest in Horse Hill Developments Limited ("HHDL") to UK Oil and Gas plc ("UKOG").

The conditions precedent to the Sale and Purchase Agreement ("SPA") have now been fulfilled and the Company will now receive GBP50,000 in cash and 31,171,898 UKOG shares in fulfilment of the share consideration. It is expected that the 31,171,898 UKOG shares will be admitted to trading on or around 28 September 2018.

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

The directors of Gunsynd accept responsibility for this announcement.

For further information please contact:

 
 
  Gunsynd plc 
  Hamish Harris                    +44 20 7440 0640 
 
  Cairn Financial Advisers LLP 
  James Caithie / Liam Murray      +44 20 7213 0880 
 
  Peterhouse Corporate Finance 
  Lucy Williams                    +44 20 7469 0930

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.

END

DISUSAURWAAKUUR

(END) Dow Jones Newswires

September 25, 2018 02:02 ET (06:02 GMT)

Gunsynd (AQSE:GUN)
Historical Stock Chart
Von Jun 2024 bis Jul 2024 Click Here for more Gunsynd Charts.
Gunsynd (AQSE:GUN)
Historical Stock Chart
Von Jul 2023 bis Jul 2024 Click Here for more Gunsynd Charts.