Jersey Oil & Gas, an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, announces disclosable share purchases by Anne Thomas, the wife of Les Thomas, the Company's Non-Executive Chairman, and by Non-Executive Director Marcus Stanton.
Issue of Equity and Total Voting Rights
The Company also announces, further to the Company's announcement of 15 December 2023, the issue of a further 1,667 new ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") pursuant to the exercise of certain options under the Company's 2016 Enterprise Management Incentive Unapproved Share Option Plan (the "Additional Option Shares").
Application has been made to the London Stock Exchange for the admission of the Additional Option Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the Additional Option Shares will commence at 8.00 a.m. on 5 February 2024.
Following Admission, the Company's enlarged share capital will comprise 32,667,627 Ordinary Shares in issue with one voting right per Ordinary Share. As the Company does not hold any shares in treasury, shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
