UK Oil & Gas Investments PLC Directorate Change (2504D)

TIDMUKOG

RNS Number : 2504D

UK Oil & Gas Investments PLC

23 October 2015

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

Directorate Change

The Company is pleased to announce that Kiran Morzaria has been appointed to the Board as the Company's Finance Director with effect from today. Mr Morzaria replaces Donald Strang who is retiring to focus on other business interests. The board wishes to thank Mr Strang for his contribution and commitment to the development of the Company over the past few years and wishes him well.

Disclosures required pursuant to the AIM Rules:

The names of all companies of which Mr Morzaria, aged 41, has been a director at any time in the previous five years are set out below:

 
 BACANORA MINERALS LTD             Current 
--------------------------------  --------- 
 ACADEMY MINERALS LIMITED          Current 
--------------------------------  --------- 
 API TECHNOLOGY (UK) LIMITED       Current 
--------------------------------  --------- 
 RARE EARTH MINERALS PLC           Current 
--------------------------------  --------- 
 PANGUMA DIAMOND LTD               Current 
--------------------------------  --------- 
 HORSE HILL DEVELOPMENTS LTD       Previous 
--------------------------------  --------- 
 RIVER DIAMONDS UK LIMITED         Previous 
--------------------------------  --------- 
 VISO GERO INTERNATIONAL INC       Previous 
--------------------------------  --------- 
 IMMERSION TECHNOLOGY PROPERTY     Previous 
  LIMITED 
--------------------------------  --------- 
 VATUKOULA GOLD PTY LIMITED        Previous 
--------------------------------  --------- 
 VATUKOULA AUSTRALIA PTY LIMITED   Previous 
--------------------------------  --------- 
 VATUKOULA FINANCE PTY LIMITED     Previous 
--------------------------------  --------- 
 VATUKOULA GOLD MINES LIMITED      Previous 
--------------------------------  --------- 
 SOLO OIL (ARGENTINA) LIMITED      Previous 
--------------------------------  --------- 
 LONRHO LIMITED                    Previous 
--------------------------------  --------- 
 VATUKOULA GOLD MINES PLC          Previous 
--------------------------------  --------- 
 TRAVEL WELCOME LTD.               Previous 
--------------------------------  --------- 
 TUBUTAMA BORAX PLC                Previous 
--------------------------------  --------- 
 TUBUTAMA LIMITED                  Previous 
--------------------------------  --------- 
 SOLO OIL PLC                      Previous 
--------------------------------  --------- 
 CONCHA PLC                        Previous 
--------------------------------  --------- 
 CC123 LIMITED                     Previous 
--------------------------------  --------- 
 MAP PRINT LIMITED                 Previous 
--------------------------------  --------- 
 COURTHOPE LTD.                    Previous 
--------------------------------  --------- 
 KIRST SERVICES LIMITED            Previous 
--------------------------------  ---------

Mr Morzaria was a director of Tubutama Borax Plc and Tubutama Ltd both of which underwent a members' voluntary winding up in July 2010 and were dissolved in April 2012. The liquidation was part of an agreed process by which Tubutama Borax Plc and Tubutama Ltd had agreed to sell the underlying company's asset in Mexico. The consideration for the sale of the Mexican asset was shares in a listed entity in Canada (Bacanora Minerals Ltd), therefore members received these shares which were distributed on completion of the transaction.

Arlington Resource Plc, of which Mr Morzaria was a director, was dissolved on December 2007 following a voluntary member's liquidation.

Mr Morzaria has 4,508,178 ordinary shares in the Company.

There are no other matters which are required to be announced pursuant to paragraph (g) of Schedule 2 to the AIM Rules.

- Ends -

For further information please contact:

UK Oil & Gas Investments PLC

Stephen Sanderson Tel: 020 7440 0640

WH Ireland (Nominated Adviser and Broker)

James Joyce / Mark Leonard Tel: 020 7220 1666

Square 1 Consulting (Public Relations)

David Bick / Mark Longson Tel: 020 7929 5599

This information is provided by RNS