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BRIEF-Anglo African O&G Announces Conditional Acquisition Of 80% Of AAOG Congo By Zenith Energy

Published 2019-12-27, 02:13 a/m
BRIEF-Anglo African O&G Announces Conditional Acquisition Of 80% Of AAOG Congo By Zenith Energy
AAOG
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Dec 27 (Reuters) - Anglo African Oil & Gas PLC AAOG.L :

* ANGLO AFRICAN O&G - DISPOSAL, CAPITAL REORGANISATION AND NOTICE OF GM

* ANGLO AFRICAN OIL & GAS PLC - CONDITIONAL DISPOSAL OF AN 80% INTEREST IN CONGO SUBSIDIARY

* ANGLO AFRICAN OIL & GAS PLC - CONDITIONAL ACQUISITION BY ZENITH ENERGY LIMITED OF 80% OF AAOG CONGO

* ANGLO AFRICAN OIL & GAS PLC - ZENITH TO FUND UPFRONT CASH ELEMENT OF SIGNATURE BONUS FOR NEW LICENCE FOR TILAPIA

* ANGLO AFRICAN OIL & GAS PLC - AAOG CONGO HOLDS A 56% INTEREST IN TILAPIA FIELD IN REPUBLIC OF CONGO

* ANGLO AFRICAN OIL & GAS PLC - CONSIDERATION FOR DISPOSAL IS PAYMENT BY ZENITH OF £1 MLN

* ANGLO AFRICAN OIL & GAS PLC - ALSO PROPOSED THAT COMPANY ENTER INTO A NEW FACILITY AGREEMENT WITH RIVERFORT

* ANGLO AFRICAN OIL & GAS PLC - PROPOSED THAT BRIAN MORITZ AND NICK BUTLER RESIGN FROM BOARD AT CONCLUSION OF GENERAL MEETING

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