19 Oct 2021 14:28
United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas
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19 October 2021
United Oil and Gas Plc
("United" "the Group" or the "Company")
Directors' Dealings
United Oil & Gas PLCΒ (AIM: "UOG"),Β the growing oil and gas company with a portfolio of production, development, exploration and appraisal assetsΒ announces that it has been notified today of the purchases of ordinary shares of 1p each in the Company ("Ordinary Shares") in the market, by certain Directors of the Company, as follows:
Director's name and position | Date of purchase | Number of Ordinary Shares purchased | Price paid per Ordinary Share purchased | Total number of Ordinary Shares held following purchase | Total as percentage of Issued Share Capital |
Brian Larkin, Chief Executive Officer | 19/10/21 | 677,966 | 2.95p | 16,877,335 | 2.62% |
Jonathan Leather, Chief Operating Officer | 19/10/21 | 169,492 | 2.95p | 8,269,118 | 1.28% |
David Quirke, Chief Financial Officer | 19/10/21 | 338,983 | 2.95p | 1,172,316 | 0.18% |
Graham Martin, Non-Executive Chairman | 19/10/21 | 677,966 | 2.95p | 4,089,730 | 0.63% |
Tom Hickey, Non-Executive Director | 19/10/21 | 338,983 | 2.95p | 3,461,532 | 0.54% |
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This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"). The information contained in Appendix 1 is disclosed in accordance with Article 19 of MAR.
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United Oil & Gas Plc (Company) | |
Brian Larkin, CEO | brian.larkin@uogplc.com |
Sharan Dhami, Head of IR & ESG | sharan.dhami@uogplc.com |
Beaumont Cornish LimitedΒ (Nominated Adviser) | +44 (0) 20 7628 3396 |
Roland CornishΒ andΒ Felicity Geidt | |
Optiva Securities LimitedΒ (Broker) | +44 (0) 20 3137 1902 |
Christian Dennis Β | |
Murray (PR Advisor) | +353 (0) 87 6909735 |
Joe Heron | jheron@murrayconsultants.ie |
CamarcoΒ (Financial PR/IR) | +44 (0) 20 3757 4983 Β |
Billy Clegg | James Crothers | Tessa Gough-Allen | uog@camarco.co.uk |
Enquiries
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Notes to Editors
United Oil & GasΒ is a high growth oil and gas company with a portfolio of low-risk, cash generative production, development, appraisal and exploration assets acrossΒ Egypt,Β UK,Β ItalyΒ and a high impact exploration licence inΒ Jamaica.
The business is led by an experienced management team with a strong track record of growing full cycle businesses, partnered with established industry players and is well positioned to deliver future growth through portfolio optimisation and targeted acquisitions.
United Oil & GasΒ is listed on the AIM market of theΒ London Stock Exchange. For further information onΒ United Oil and GasΒ please visitΒ www.uogplc.comΒ
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Appendix 1
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
1 | DetailsΒ ofΒ theΒ personΒ dischargingΒ managerialΒ responsibilitiesΒ /Β personΒ closely associated | |||||
a) | Name | Brian Larkin | ||||
2 | Reason for notification | |||||
a) | Position / status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer,Β 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 placeΒ where transactionsΒ have been conducted | |||||
a) | DescriptionΒ ofΒ theΒ financial instrument,Β type of instrument IdentificationΒ code | Ordinary Shares of 1p each ISIN: GB00BYX0MB92 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volumes(s) | Β
| ||||
d) | Aggregated information Aggregate volume Price(s) | N/A | ||||
e) | Date of the transaction | 2021-10-19 | ||||
f) | Place of the transaction | XOFF | ||||
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1 | DetailsΒ ofΒ theΒ personΒ dischargingΒ managerialΒ responsibilitiesΒ /Β personΒ closely associated | |||||
a) | Name | Jonathan Leather | ||||
2 | Reason for notification | |||||
a) | Position / status | Chief Operating Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer,Β 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 placeΒ where transactionsΒ have been conducted | |||||
a) | DescriptionΒ ofΒ theΒ financial instrument,Β type of instrument IdentificationΒ code | Ordinary Shares of 1p each ISIN: GB00BYX0MB92 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volumes(s) | Β
| ||||
d) | Aggregated information Aggregate volume Price(s) | N/A | ||||
e) | Date of the transaction | 2021-10-19 | ||||
f) | Place of the transaction | XOFF | ||||
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1 | DetailsΒ ofΒ theΒ personΒ dischargingΒ managerialΒ responsibilitiesΒ /Β personΒ 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,Β 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 placeΒ where transactionsΒ have been conducted | |||||
a) | DescriptionΒ ofΒ theΒ financial instrument,Β type of instrument IdentificationΒ code | Ordinary Shares of 1p each ISIN: GB00BYX0MB92 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volumes(s) | Β
| ||||
d) | Aggregated information Aggregate volume Price(s) | N/A | ||||
e) | Date of the transaction | 2021-10-19 | ||||
f) | Place of the transaction | XOFF | ||||
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1 | DetailsΒ ofΒ theΒ personΒ dischargingΒ managerialΒ responsibilitiesΒ /Β personΒ 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,Β 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 placeΒ where transactionsΒ have been conducted | |||||
a) | DescriptionΒ ofΒ theΒ financial instrument,Β type of instrument IdentificationΒ code | Ordinary Shares of 1p each ISIN: GB00BYX0MB92 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volumes(s) | Β
| ||||
d) | Aggregated information Aggregate volume Price(s) | N/A | ||||
e) | Date of the transaction | 2021-10-19 | ||||
f) | Place of the transaction | XOFF | ||||
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1 | DetailsΒ ofΒ theΒ personΒ dischargingΒ managerialΒ responsibilitiesΒ /Β personΒ closely associated | |||||
a) | Name | Tom Hickey | ||||
2 | Reason for notification | |||||
a) | Position / status | Non-Executive Director | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer,Β 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 placeΒ where transactionsΒ have been conducted | |||||
a) | DescriptionΒ ofΒ theΒ financial instrument,Β type of instrument IdentificationΒ code | Ordinary Shares of 1p each ISIN: GB00BYX0MB92 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volumes(s) | Β
| ||||
d) | Aggregated information Aggregate volume Price(s) | N/A | ||||
e) | Date of the transaction | 2021-10-19 | ||||
f) | Place of the transaction | XOFF | ||||
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