Directors' Dealings

RNS Number : 7461R

United Oil & Gas PLC

07 July 2022

 

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

7 July 2022

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"), by certain Directors of the Company, as follows:

Director's name and position	Date of purchase	Number of Ordinary Shares purchased	Average 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	07/07/2022	631,154	1.57p	17,508,489	2.72%
Jonathan Leather , Chief Operating Officer	07/07/2022	312,871	1.57p	8,581,989	1.33%
P eter Dunne , Chief Financial Officer	07/07/2022	596,651	1.67p	644,641	0.10%

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310). The information contained in Appendix 1 is disclosed in accordance with Article 19 of MAR.

Enquiries

United Oil & Gas Plc (Company)
Brian Larkin, CEO	[e-mail]
Sharan Dhami, Head of IR & ESG	[e-mail]
Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish | Felicity Geidt	[phone]
Tennyson Securities (Joint Broker)
Peter Krens	[phone]
Optiva Securities Limited (Joint Broker)
Christian Dennis	[phone]
Camarco (Financial PR)
Georgia Edmonds  |  James Crothers  |	[phone]  | [e-mail]

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 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)	I nitial 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 I d e ntification code	Ordinary Shares of 1p each ISIN: GB00BYX0MB92
b)	Nature of the transaction	Acquisition of shares
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 1.5p 150,000 1.59p 481,154
d)	Aggregated information Aggregate volume Price(s)	631,154  1.57p (average price)
e)	Date of the transaction	2022-07-07
f)	Place of the transaction	AIMX

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)	I nitial 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 I d e ntification code	Ordinary Shares of 1p each ISIN: GB00BYX0MB92
b)	Nature of the transaction	Acquisition of shares
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 1.5p 50,000 1.59p 262,871
d)	Aggregated information Aggregate volume Price(s)	312,871  1.57p (average price)
e)	Date of the transaction	2022-07-07
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Dunne
2	Reason for notification
a)	Position / status	Chief Financial Officer
b)	I nitial 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 I d e ntification code	Ordinary Shares of 1p each ISIN: GB00BYX0MB92
b)	Nature of the transaction	Acquisition of shares
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 1.67p 585,308 1.65p 11,343
d)	Aggregated information Aggregate volume Price(s)	596,651  1.67p (average price)
e)	Date of the transaction	2022-07-07
f)	Place of the transaction	AIMX

 

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