Last checked at 28 Feb 2020 16:23
United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas
28 February 2020
United Oil & Gas PLC
("United" or the "Company")
Director/PDMR Shareholdings
Further to the announcements of 9 December 2019 (RNS Number: 1232W) and 28 February 2020 (RNS Number: 4217E), United Oil & Gas Plc (AIM: "UOG"), the AIM listed oil and gas exploration, development and production company, confirms that Graham Martin and David Quirke, the Directors of the Company, have each subscribed for 2,000,000 Subscription Shares and 833,333 Subscription Shares respectively at the Subscription Price on the same terms as the other Subscribers as part of the Subscription. Accordingly, their respective interest in the Company's Enlarged Ordinary Share Capital, following admission to trading earlier today, is as set out in the table below.
Director | Number of Ordinary Shares held | Number of Subscription Shares | Total Number of Ordinary Shares | % of Enlarged Ordinary Share Capital |
Graham Martin, Non-Executive Chairman | 1,411,764 | 2,000,000 | 3,411,764 | 0.6% |
David Quirke, Chief Financial Officer | 0 | 833,333 | 833,333 | 0.1% |
Defined terms used in this announcement have the meanings ascribed to them in the Admission Document.
The information contained in Appendix 1 below is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
ENDS
United Oil & Gas Plc (Company) | |
Brian Larkin, CEO | brian.larkin@uogplc.com |
Beaumont Cornish Limited (Nominated Adviser) | |
Roland Cornish and Felicity Geidt | +44 (0) 20 7628 3396 |
Optiva Securities Limited (Joint Broker) | |
Christian Dennis | +44 (0) 20 3137 1902 |
Cenkos Securities Plc (Joint Broker) | |
Joe Nally (Corporate Broking) Derrick Lee and Pete Lynch | +44 (0) 20 7397 8900 +44 (0) 131 220 6939 |
Murray (PR Advisor) | +353 (0) 87 6909735 |
Joe Heron | jheron@murrayconsultants.ie |
St Brides Partners (Financial PR/IR) | |
Frank Buhagiar and Priit Piip | +44 (0) 207 236 1177 |
Appendix 1 - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Graham Martin | ||||
2 | Reason for notification | |||||
a) | Position / status | Non-Executive Chairman | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | United Oil & Gas Plc | ||||
b) | LEI | 213800WZWERBFYBQ9J17 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 1p each
ISIN: GB00BYX0MB92 | ||||
| Nature of the transaction | Acquisition of shares pursuant to subscription
| ||||
| Price(s) and volumes(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2020-02-28 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | David Quirke | ||||
2 | Reason for notification | |||||
a) | Position / status | Chief Financial Officer | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | United Oil & Gas Plc | ||||
b) | LEI | 213800WZWERBFYBQ9J17 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 1p each
ISIN: GB00BYX0MB92 | ||||
| Nature of the transaction | Acquisition of shares pursuant to subscription
| ||||
| Price(s) and volumes(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 2020-02-28 | ||||
f) | Place of the transaction | Outside a trading venue | ||||