Last checked at 19 Oct 2021 14:28
United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas
19 October 2021
United Oil and Gas Plc
("United" "the Group" or the "Company")
Directors' Dealings
United Oil & Gas PLC (AIM: "UOG"), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets 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% |
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.
United Oil & Gas Plc (Company) | |
Brian Larkin, CEO | brian.larkin@uogplc.com |
Sharan Dhami, Head of IR & ESG | sharan.dhami@uogplc.com |
Beaumont Cornish Limited (Nominated Adviser) | +44 (0) 20 7628 3396 |
Roland Cornish and Felicity Geidt | |
Optiva Securities Limited (Broker) | +44 (0) 20 3137 1902 |
Christian Dennis
| |
Murray (PR Advisor) | +353 (0) 87 6909735 |
Joe Heron | jheron@murrayconsultants.ie |
Camarco (Financial PR/IR) | +44 (0) 20 3757 4983
|
Billy Clegg | James Crothers | Tessa Gough-Allen | uog@camarco.co.uk |
Enquiries
Notes to Editors
United Oil & Gas is a high growth oil and gas company with a portfolio of low-risk, cash generative production, development, appraisal and exploration assets across Egypt, UK, Italy and a high impact exploration licence in 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 & Gas is listed on the AIM market of the London Stock Exchange. For further information on United Oil and Gas please visit www.uogplc.com
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 | Brian Larkin | ||||
2 | Reason for notification | |||||
a) | Position / status | Chief Executive 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 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information Aggregate volume Price(s) | N/A | ||||
e) | Date of the transaction | 2021-10-19 | ||||
f) | Place of the transaction | XOFF | ||||
1 | Details of the person discharging managerial responsibilities / person 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, 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 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information Aggregate volume Price(s) | N/A | ||||
e) | Date of the transaction | 2021-10-19 | ||||
f) | Place of the transaction | XOFF | ||||
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 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information Aggregate volume Price(s) | N/A | ||||
e) | Date of the transaction | 2021-10-19 | ||||
f) | Place of the transaction | XOFF | ||||
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 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information Aggregate volume Price(s) | N/A | ||||
e) | Date of the transaction | 2021-10-19 | ||||
f) | Place of the transaction | XOFF | ||||
1 | Details of the person discharging managerial responsibilities / person 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, 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 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information Aggregate volume Price(s) | N/A | ||||
e) | Date of the transaction | 2021-10-19 | ||||
f) | Place of the transaction | XOFF | ||||