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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
UK Oil & Gas lenders convert some debt into company shares
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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
UK Oil & Gas said it had received a notice from lenders Riverfort Global Opportunities PCC and YA II to convert £150k of debt into shares in the company.
After the conversion, the loan's balance had reduced to £4.05m.
At 2:31pm: (LON:UKOG) UK Oil Gas Investments Plc share price was 0p at 1.03p
The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.