UK Oil & Gas PLC
("UKOG" or the "Company")
Director Share Purchase
Notification of transaction by Person Discharging Managerial Responsibilities ("PDMR')
Stephen Sanderson, Chief Executive Officer, has informed the Company that he has purchased 865,800 ordinary shares in the Company as set out below. Following these purchases, Stephen Sanderson owns 4,336,187 ordinary shares, representing 0.027 per cent. of the issued share capital in the Company.
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a. |
Name |
Stephen Sanderson |
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2. |
Reason for the notification |
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a. |
Position/status |
Chief Executive Officer |
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b. |
Initial notification /Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
UK Oil & Gas PLC |
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b. |
LEI |
213800IZP9HKGVLHQ907 |
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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 |
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a. |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 0.01 pence each GB00B9MRZS43 |
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b. |
Nature of the transaction |
Purchase of shares |
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c. |
Price(s) and volume(s) |
Price(s) £0.001155 |
Volume(s) 865,800 |
d. |
Aggregated information · Aggregated volume · Price |
865,800 £0.001155 |
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e. |
Date of the transaction |
22 April 2022 |
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f. |
Place of the transaction |
London Stock Exchange |
For further information, please contact:
UK Oil & Gas PLC |
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Stephen Sanderson / Matt Gormley / Allen D Howard:
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Tel 01483 941493 |
WH Ireland Ltd (Nominated Adviser and Broker) |
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James Joyce / Andrew de Andrade:
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Tel 020 7220 1666 |
Communications |
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Brian Alexander: |
Tel 01483 941493 |
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The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.