Anglo African Oil & Gas plc (‘AAOG‘) is an independent AIM-listed oil and gas developer, incorporated in the United Kingdom, with an oil-producing asset in the Republic of the Congo. It is focused on increasing the production from the existing asset, as well as drilling additional wells in adjacent areas. AAOG owns 49% of Petro Kouilou S.A., through which it operates its interests in the Tilapia Field in the Republic of the Congo.


The information in this section is provided in accordance with the requirements of Rule 26 of the AIM Rules for Companies.

AAOG is incorporated in England and Wales under English Company Law and registered at Companies House, No 9948020. AAOG operates in the Republic of the Congo.

The Directors of AAOG have extensive experience of investing in and operating producing oil wells in various regions of the world, as well as the necessary corporate governance and business experience required to meet the responsibilities of a company admitted to trading on the AIM market of the London Stock Exchange. AAOG is subject to the UK City Code on Takeovers and Mergers.

The Board comprises the directors listed below:

- David Sefton

- Alex MacDonald

- Oleg-Serguei Schkoda

- James Cane

- Brian Moritz

- PJ Davies

Details of the directors can be found here.


Articles of Association

Please click here to see the Articles

Regulatory News

Please click here to see the First Day of Dealings (01.03.17) file

Key Documents

Please click here to see the Admission document

AIM Securities

Number in issue at 6 March 2017:

53,150,550 ordinary shares

Percentage of ordinary shares not in public hands at 6 March 2017:



Identity and percentage holdings of significant shareholders at 2017:



Number of Ordinary Shares

% of issued share capital

Miton Asset Management, LTD



City Financial Investment Company, LTD



Jub Capital



Shard Capital Partners, LLP



Hamilton Capital Partners



Chelverton Asset Management, LTD



Hargreaves Lansdown






Existing Ordinary Shares




Last updated: 6 March 2017

There are no restrictions on the transfer of the Company’s AIM Securities. The Company has not applied for or agreed to have any of its securities admitted to or traded on any exchange or trading platform other than AIM.

Corporate Governance

AAOG intends, so far as is practicable and appropriate for a company of its size and nature, to comply with the provisions of the UK Corporate Governance Code, as modified by the recommendations of the Quoted Companies Alliance.

The Board

The Board is responsible for formulating, reviewing and approving the Company’s strategy, budgets and corporate actions. The Directors intend to hold meetings of the Board ten times a year with additional meetings as and when required.


The Audit and Remuneration Committees

AAOG has established an audit committee and a remuneration committee, each with formally delegated duties and responsibilities. The audit committee comprises the two non-executive directors and will be chaired by PJ Davies. The audit committee is responsible for both ensuring that the financial performance of the Company is properly reported on and monitored and for reviewing the auditor’s reports relating to accounts and internal control systems. The audit committee will meet at least twice a year at the appropriate times in the financial reporting and audit cycle.

The remuneration committee comprises the two non-executive directors and will be chaired by PJ Davies. The remuneration committee is responsible for the review and recommendation of the scale and structure of remuneration for senior management including the award of share options. It will meet at least two times a year.

Share Dealing Code

The directors comply with Rule 21 of the AIM Rules relating to directors’ and applicable employees’ dealings in AAOG’s securities. Accordingly, AAOG has adopted an appropriate Share Dealing Code for directors and applicable employees and has taken all reasonable steps to ensure compliance by its directors and applicable employees with the provisions of the AIM Rules relating to dealings in securities.


The following are advisers to AAOG:

- NOMAD and Joint Broker – finnCap Ltd
  60 New Broad Street, London, EC2M 1JJ

- Joint Broker – Throgmorton Street Capital
  26 Throgmorton Street, London, EC2N 2AN

- Solicitors to the Company – DLA Piper UK LLP
  3 Noble Street, London, EC2V 7EE

- Registrars – Share Registrars Limited
  The Courtyard, 17 West Street, Farnham, Surrey, GU19 7DR

- Cabinet Fernand Carle (Pointe Noire - Congo)

- Auditors & Reporting Accountants - Crowe
  10 Salisbury Square, London EC4Y 8EH

- Financial PR - St Brides Media & Finance
  St Michael's Alley, London EC3V 5DS