UK Oil & Gas lenders convert some debt into company shares

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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