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15 Apr 2019 | 09:35

MX Oil sells stake in company to Shaikh Ahmed Bin Dalmook Al Maktoum

Oil and gas investment company MX Oil said it had raised £680k through share issue that saw Shaikh Ahmed Bin Dalmook Al Maktoum become a substantial shareholder.

New shares in the company were issued at 0.04p each.

Shaikh Ahmed Bin Dalmook Al Maktoum had bought shares for £534k, giving him 29.86% of the company's enlarged share capital.

At 9:35am: (LON:MXO) MX Oil Plc share price was 0p at 0.06p

Story provided by StockMarketWire.com
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