Victoria Oil & Gas Plc
29�Dec�2005
Placing of New Ordinary Shares
Victoria Oil & Gas Plc, the oil and gas development company focused in the Former Soviet Union, announces today that it has completed the placing of 16,845,063 new ordinary shares of 0.5 pence each in the Company with institutional and other investors at a price of 78 pence per share. The placing was two and a half times over-subscribed and raised approximately �13.1 million before expenses.
Source: Victoria Oil & Gas Plc announcement
Kerman & Co LLP, led by Nicholas Narraway, advised the Company on the placing.
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