Anglo African Oil & Gas Plc is pleased to announce the admission today of its ordinary shares to trading on the AIM Market of the London Stock Exchange (‘Admission’). This follows the oversubscribed placing of 50,000,000 Ordinary Shares at a price of 20 pence per share, giving the Company a market capitalisation of approximately £10.6 million on Admission.
Share talk spoke today with Alex McDonald Chief Executive Officer and David Sefton Executive Chairman of Anglo African Oil and Gas (AAOG). We talk about today’s Initial Public Offering listing on the AIM Market.
Anglo African Oil & Gas (AAOG) has negotiated the right to acquire assets located in the Republic of Congo (RoC). The company is listed on AIM and raise £9m in order to complete the acquisition and redevelop the near offshore Tilapia field which should significantly increase production in the near term.