Update on Sale of Assets
2 August 2024 IOG plc The Joint Administrators of IOG Plc ("IOG", or the "Company"), (AIM: IOG.L) provide an update on the sale of the entire issued share capital of IOG North Sea Limited, IOG Infrastructure Limited and IOG UK Limited. As announced on 14 June 2024, the Bondholders of IOG have approved the sale of the business and assets to CalEnergy Resources Limited ("CER") for a purchase price of GPB 10,000,000. The Administrators confirm that good progress has been made towards satisfying various condition precedents, with the final outstanding conditions set to be approved