Investor Centre

This section provides all information required by AIM Rule 26 in a single location. This section was last updated on 17 February 2020.

Description of the business

Following a group restructuring in October 2019 and the sale of the company’s 50% interest in MFDevCo on 4 November 2019, considered to be a fundamental disposal under AIM Rules, Nu-Oil and Gas (AIM: NUOG) is currently classified an AIM Rule 15 cash shell. The Company will update investors in due course.

Board of Directors

Jay Bhattacherjee (Non-Executive Chairman)

Andrew Dennan (Non-Executive Director) 

Frank Jackson (Non-Executive Director)

Meet the team

Board Committees and Terms of Reference
Audit Committee

The Audit Committee's mandate includes, among other duties and responsibilities: monitoring the financial reporting process and systems of internal control; monitoring the independence and performance of the external auditors; and, reviewing internal and year-end financial statements and other legal and regulatory filings for approval by the Board of Directors.

Members: Andrew Dennan (Chairman) and Frank Jackson

Audit Committee Terms of Reference

Remuneration Committee

The Remuneration Committee's mandate is to set the over-arching principles, parameters and governance framework of the Company’s remuneration policy and the remuneration of Senior Executives.

Members: Frank Jackson (Chairman) and Andrew Dennan

Remuneration Committee Terms of Reference

Nominations Committee

The Nominations Committee's mandate is to review the structure, size and composition of the Board and its Committees, and to review succession planning for Board and Senior Management. 

Members: Andrew Dennan (Chairman) and Frank Jackson

Nomination Committee Terms of Reference

Country of Incorporation

England and Wales (Registration No. 6370792)

Main Country of Operation

UK

Articles of Association

Please click here for our Revised Articles of Association.

Corporate Governance and the Takeover Code

Nu-Oil and Gas plc is incorporated in England and Wales and is admitted to trading on AIM. As a result, Nu-Oil and Gas plc is subject to the UK’s City Code on Takeovers and Mergers.

Click here to access the Chairman's Corporate Governance Statement.

Company Secretary

David Lau

Email: [email protected]

Trading Information

Company shares are traded on the Alternative Investment Market ("AIM") of the London Stock Exchange ("LSE").

AIM Securities in Issue

Total number of securities in issue:  3,390,393,217

12,445,378 are held as Treasury Shares. 

Shareholders should use the figure of 3,377,947,839 as the denominator for calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. 

This information was last updated on 24 January 2020.

Securities in Issue not in public hands

0.45%

This figure consists of 2,000,000 shares held by Directors, 12,445,378 held in Treasury and 860,000 held in the company's Employee Trust Scheme.

This information was last updated on 24 January 2020.

Significant Shareholders

Gary Smith 6.4%

This information was last updated on 04 March 2020.

Restrictions

There are no restrictions on the transfer of the Company's securities.

Shareholder Notifications

Please click here for details of all notifications made in the past twelve months.

Latest Financial Reports

Annual Report 2019

Annual Report 2018

Annual Report 2017

You can access all our published accounts in Annual Reports

Admission Document

Please click here for our Admission Document.

Shareholder Circulars

Please click here for details of all reports and circulars. 

Nominated Adviser

Strand Hanson Limited
26 Mount Row
London
W1K 3SQ

Registrar

SLC Registrars
Elder House
St Georges Business Park
Brooklands Road
Weybridge
Surrey
KT13 0TS

Legal Advisors

FieldFisher

Riverbank House
2 Swan Lane
London
EC4R 3TT

Joint Brokers

Strand Hanson Limited
26 Mount Row
London
W1K 3SQ

Novum Securities Limited
8-10 Grosvenor Gardens
London
SW1W 0DH

Auditors

Crowe LLP
St Bride's House
10 Salisbury Square
London
EC4Y 8EH

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