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IOG raises funds for jackup contract extension

UK-headquartered IOG has raised £8.5m as part of its plan to extend the contract for the 2008-built jackup rig next year. IOG placed a total of 33.8m new ordinary shares with existing and new investors, representing 6.5% of the company’s enlarged issued share capital. Andrew Hockey, IOG CEO, said: “This fundraise enables us to exercise …

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UK-headquartered IOG has raised £8.5m as part of its plan to extend the contract for the 2008-built jackup rig next year. IOG placed a total of 33.8m new ordinary shares with existing and new investors, representing 6.5% of the company’s enlarged issued share capital. Andrew Hockey, IOG CEO, said: “This fundraise enables us to exercise …

[post_title] => IOG raises funds for jackup contract extension [post_excerpt] => UK-headquartered IOG has raised £8.5m as part of its plan to extend the contract for the 2008-built jackup rig next year. IOG placed a total of 33.8m new ordinary shares with existing and new investors, representing 6.5% of the company’s enlarged issue... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => iog-raises-funds-for-jackup-contract-extension [to_ping] => [pinged] => [post_modified] => 2021-09-23 11:23:00 [post_modified_gmt] => 2021-09-23 11:23:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=151739 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )