Investors

Anglo African Oil & Gas plc (‘AAOG‘) is an independent AIM-listed oil and gas developer, headquartered 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 Petro Kouilou S.A., through which it operates its interests in the Tilapia Field.


AIM RULE 26

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 04140379.

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.


Board of directors:

Name

Role

David Sefton

Executive chairman

Alex MacDonald

Chief executive

Oleg-Serguei Schkoda

Operations director

James Cane

Finance director

Brian Moritz

Non-executive director

PJ Davies

Non-executive director


Details of the directors can be found here.


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.


Advisers

The following are advisers to AAOG:

Name

Role

Address

finnCap Ltd

NOMAD and Broker 

60 New Broad Street, London EC2M 1JJ

DLA Piper UK LLP

Solicitors to the Company

3 Noble Street, London EC2V 7EE

Share Registrars Limited

Registrar

The Courtyard, 17 West Street, Farnham, Surrey GU19 7DR

Cabinet Fernand Carle

Solicitors (Congo)

 Pointe Noire, Congo

Crowe Clark Whitehill LLP

Auditor

10 Salisbury Square, London EC4Y 8EH

St Brides Media & Finance

Financial PR

St Michael's Alley, London EC3V 5DS


AIM Securities

Number in issue at 13 August 2017:

69,504,565 ordinary shares

Percentage of ordinary shares not in public hands at 13 August 2017:

39.9%

 

Identity and percentage holdings of significant shareholders at 2017:

 

Institution

Number of Ordinary Shares

% of issued share capital

Gerard Bourgoin

16,354,015

23.53

Miton Asset Management, LTD

10,500,000

15.11

City Financial Investment Company, LTD

5,060,000

7.28

Jub Capital

5,000,000

7.19

Shard Capital Partners, LLP

4,000,000

5.76

Hamilton Capital Partners

2,500,000

3.60

Chelverton Asset Management, LTD

2,500,000

3.60

 

Last updated: 13 August 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.


Articles of Association

Please click here to see the Articles


Admission Document

Please click here to see the Admission document


Financial statements

Please click here to see the Annual Report for the ten-month period to 31 December 2016