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Directors' Dealings

19 Oct 2021 14:28

RNS Number : 5672P
United Oil & Gas PLC
19 October 2021
Β 

United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas

Β 

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%

Β 

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.

Β 

Β 

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

Β 

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 

Β 

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 

Price(s)

Volumes(s)

2.95p

677,966

d)

Aggregated information

Aggregate volume

Price(s)

N/A

e)

Date of the transaction

2021-10-19

f)

Place of the transaction

XOFF

Β 

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 

Price(s)

Volumes(s)

2.95p

169,492

d)

Aggregated information

Aggregate volume

Price(s)

N/A

e)

Date of the transaction

2021-10-19

f)

Place of the transaction

XOFF

Β 

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 

Price(s)

Volumes(s)

2.95p

338,983

d)

Aggregated information

Aggregate volume

Price(s)

N/A

e)

Date of the transaction

2021-10-19

f)

Place of the transaction

XOFF

Β 

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 

Price(s)

Volumes(s)

2.95p

677,966

d)

Aggregated information

Aggregate volume

Price(s)

N/A

e)

Date of the transaction

2021-10-19

f)

Place of the transaction

XOFF

Β 

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 

Price(s)

Volumes(s)

2.95p

338,983

d)

Aggregated information

Aggregate volume

Price(s)

N/A

e)

Date of the transaction

2021-10-19

f)

Place of the transaction

XOFF

Β 

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