Result of General Meeting TVR & PDMR Notifications

United Oil & Gas PLC

20 March 2024

 

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

20 March 2024

United Oil & Gas plc ("United" or "the Company")

General Meeting Results, TVR and PDMR Notifications

United Oil & Gas Plc (AIM: "UOG"), the oil and gas company with a high impact exploration asset in Jamaica and development asset in the UK announces the results of the General Meeting held earlier today where all the resolutions were duly passed on a poll vote.

Accordingly, the capital reorganisation has completed and the conditional Fundraising, results of which were announced on 27 February 2024, will complete on the admission to trading of the Fundraising Shares that will take place at 8.00am tomorrow that is 21^st March 2024.

RESOLUTIONS	FOR	AGAINST	TOTAL	WITHHELD
1	187,989,944	61,255,456	249,245,400	675,209
2	187,739,944	61,505,456	249,245,400	675,209
3	187,739,944	61,505,456	249,245,400	675,209

Total Voting Rights

Following the capital reorganisation and the issue of the 500,000,000 Fundraising Shares, the total issued share capital of the Company will consist of 1,156,353,969 ordinary shares of £0.00001 each carrying the right to one vote. There are no shares currently held in treasury. The total number of voting rights in the Company will therefore be 1,156,353,969 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

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Enquiries
United Oil & Gas Plc (Company)
Brian Larkin, CEO		[e-mail]
Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish | Felicity Geidt | Asia Szusciak		[phone]
Tennyson Securities (Joint Broker)
Peter Krens		[phone]
Optiva Securities Limited (Joint Broker)
Christian Dennis		[phone]
Camarco (Financial PR)
Andrew Turner | Emily Hall | Sam Morris		[phone]

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

Notes to Editors

United Oil & Gas is an oil and gas company with a development asset in the 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 

The below notifications are made in accordance with the requirements of Article 19(3) of the UK Market Abuse Regulation:

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
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	United Oil & Gas plc
b)	LEI
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 Indentification code	New Ordinary Shares of £0.00001 ISIN GB00BYX0MB92
	Nature of the transaction	Participation under a placing
c)	Price(s) and volumes(s)	Price(s) Volumes(s) £0.002 pence per New Ordinary Share 5,000,000 Price(s) Volumes(s) £0.0028 pence per New Warrant 1,666,667
d)	Aggregated information	n/a
e)	Date of the transaction	20 March 2024
f)	Place of the transaction	Outside a trading venue

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Graham Marin
2	Reason for notification
a)	Position / status	Non-Executive Chairman
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	United Oil & Gas plc
b)	LEI
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 Indentification code	New Ordinary Shares of £0.00001 ISIN GB00BYX0MB92
	Nature of the transaction	Participation under a placing
c)	Price(s) and volumes(s)	Price(s) Volumes(s) £0.002 pence per New Ordinary Share 10,000,000 Price(s) Volumes(s) £0.0028 pence per New Warrant 3,333,333
d)	Aggregated information	n/a
e)	Date of the transaction	20 March 2024
f)	Place of the transaction	Outside a trading venue

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Iman Hill
2	Reason for notification
a)	Position / status	Non-Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	United Oil & Gas plc
b)	LEI
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 Indentification code	New Ordinary Shares of £0.00001 ISIN GB00BYX0MB92
	Nature of the transaction	Participation under a placing
c)	Price(s) and volumes(s)	Price(s) Volumes(s) £0.002 pence per New Ordinary Share 2,500,000 Price(s) Volumes(s) £0.0028 pence per New Warrant 833,333
d)	Aggregated information	n/a
e)	Date of the transaction	20 March 2024
f)	Place of the transaction	Outside a trading venue

 

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