Director/PDMR Shareholding

RNS Number : 5620E

United Oil & Gas PLC

28 February 2020

 

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

 28 February 2020

United Oil & Gas PLC

("United" or the "Company")

Director/PDMR Shareholdings

Further to the announcements of 9 December 2019 (RNS Number: 1232W) and 28 February 2020 (RNS Number: 4217E), United Oil & Gas Plc (AIM: "UOG"), the AIM listed oil and gas exploration, development and production company, confirms that Graham Martin and David Quirke, the Directors of the Company, have each subscribed for 2,000,000 Subscription Shares and 833,333 Subscription Shares respectively at the Subscription Price on the same terms as the other Subscribers as part of the Subscription. Accordingly, their respective interest in the Company's Enlarged Ordinary Share Capital, following admission to trading earlier today, is as set out in the table below.

Director	Number of Ordinary Shares held	Number of Subscription Shares	Total Number of Ordinary Shares	% of Enlarged Ordinary Share Capital
Graham Martin, Non-Executive Chairman	1,411,764	2,000,000	3,411,764	0.6%
David Quirke, Chief Financial Officer	0	833,333	833,333	0.1%

Defined terms used in this announcement have the meanings ascribed to them in the Admission Document.

The information contained in Appendix 1 below is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

ENDS

United Oil & Gas Plc (Company)
Brian Larkin, CEO	[e-mail]
Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish and Felicity Geidt	[phone]
Optiva Securities Limited (Joint Broker)
Christian Dennis	[phone]
Cenkos Securities Plc (Joint Broker)
Joe Nally (Corporate Broking) Derrick Lee and Pete Lynch	[phone] [phone]
Murray (PR Advisor)	[phone]
Joe Heron	[e-mail]
St Brides Partners (Financial PR/IR)
Frank Buhagiar and Priit Piip	[phone]

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	Graham Martin
2	Reason for notification
a)	Position / status	Non-Executive Chairman
b)	Initial notification /Amendment	Initial notification
3	Detailsoftheissuer,  emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	United Oil & Gas Plc
b)	LEI	213800WZWERBFYBQ9J17
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d entification code	Ordinary Shares of 1p each ISIN: GB00BYX0MB92
	Nature of the transaction	Acquisition of shares pursuant to subscription
	Price(s) and volumes(s)	Price(s) Volumes(s) 3p 2,000,000
d)	Aggregated information	N/A
e)	Date of the transaction	2020-02-28
f)	Place of the transaction	Outside a trading venue

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	Detailsoftheissuer,  emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	United Oil & Gas Plc
b)	LEI	213800WZWERBFYBQ9J17
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d entification code	Ordinary Shares of 1p each ISIN: GB00BYX0MB92
	Nature of the transaction	Acquisition of shares pursuant to subscription
	Price(s) and volumes(s)	Price(s) Volumes(s) 3p 833,333
d)	Aggregated information	N/A
e)	Date of the transaction	2020-02-28
f)	Place of the transaction	Outside a trading venue

 

END

 

 

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