Director/PDMR Shareholding

RNS Number : 8300H

Union Jack Oil PLC

20 November 2018

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement

20 November 2018

Union Jack Oil plc

("Union Jack" or the "Company")

Director Dealing

Union Jack Oil plc (AIM: UJO), a UK Focused onshore hydrocarbon production, development and exploration company announces that, it has been notified yesterday that on 19 November 2018, Mr. Raymond Godson, Non-Executive Director of the Company, sold 10,000,000 ordinary shares of 0.025p each in Union Jack ("Ordinary Shares") held in his own name, at a price of 0.105 pence per Ordinary Share.   Subsequent to the above transaction, Mr. Godson then acquired 10,000,000 Ordinary Shares at a price of 0.105 pence per Ordinary Share, such Ordinary Shares being held in a pension account, of which Mr. Godson is the sole beneficiary.

Following the transfers detailed above, Mr. Godson's total interest in the ordinary share capital of the Company will be 42,529,411 Ordinary Shares, which represents approximately 0.503 per cent. of the Company's issued share capital. 5,000,000 of these shares are held in trust for the benefit of his minor grandchildren.  Mr Godson's interest in the share capital of Union Jack remains substantially unchanged by the above transactions.

PDMR Dealing

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Mr. Raymond Godson
2.	Reason for the 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:	Union Jack Oil plc
b)	LEI:	2138005VW7IUUUPY5Q88
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:	Ordinary shares of 0.025 pence each
b)	Identification code:	GB00B814XC94
c)	Nature of the transaction:	Sale of shares
d)	Price(s) and volume(s):	Price(s) Volume(s) 0.105 pence 10,000,000
e)	Aggregated information: Aggregated volume: Price:	Single transaction as in 4 c) above Price(s) Volume(s) 0.105 pence 10,000,000
f)	Date of the transaction:	19 November 2018
g)	Place of the transaction:	London Stock Exchange, AIM (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Mr. Raymond Godson
2.	Reason for the 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:	Union Jack Oil plc
b)	LEI:	2138005VW7IUUUPY5Q88
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:	Ordinary shares of 0.1p each
b)	Identification code:	GB00B814XC94
c)	Nature of the transaction:	Purchase of shares
d)	Price(s) and volume(s):	Price(s) Volume(s) 0.105 pence 10,000,000
e)	Aggregated information: Aggregated volume: Price:	Single transaction as in 4 c) above Price(s) Volume(s) 0.105 pence 10,000,000
f)	Date of the transaction:	19 November 2018
g)	Place of the transaction:	London Stock Exchange, AIM (XLON)

For further information please contact the following:

Union Jack Oil plc	[phone]
David Bramhill
SP Angel Corporate Finance LLP	[phone]
Nominated Adviser
Lindsay Mair
Richard Hail

 

END

 

 

DSHLLFFALRLALIT