Mediterranean Oil & Gas Plc



Mediterranean Oil & Gas Plc

(the "Company" or "MOG")

Accelerated Vesting of Award Shares following Sanctioning of the Scheme of Arrangement (the "Scheme")

The Company announces that, in accordance with the MOG long term employee share incentive plan, it has today issued a total of 3,639,017 ordinary shares of £0.01 each in the capital of the Company to certain holders of share awards that vest as a result of the Scheme being sanctioned by the Court.

Following the issue of these ordinary shares the Company has 434,998,930 ordinary shares in issue, none of which are held in treasury. 

ENQUIRIES:

Mediterranean Oil & Gas Plc

www.medoilgas.com

Bill Higgs/ Chris Kelsall

Tel: +44 (0)207 959 2322

Liberum Capital Limited

(Nominated Adviser and Joint Broker)

Clayton Bush/Tim Graham

Tel: +44 (0)203 100 2222

RBC Capital Markets (Joint Broker)

Matthew Coakes/Jeremy Low/Jonny Hardy

Tel: +44 (0)207 653 4000

FTI Consulting (Public Relations)

Ben Brewerton/Alex Beagley/James Styles

Tel: +44 (0)20 3727 1000


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