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United Oil & Gas PLC (UOG)

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Thursday 07 July, 2022

United Oil & Gas PLC

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

[email protected]

Sharan Dhami, Head of IR & ESG

[email protected]



Beaumont Cornish Limited (Nominated Adviser)


Roland Cornish | Felicity Geidt

+44 (0) 20 7628 3396

 

Tennyson Securities (Joint Broker)


Peter Krens

+44 (0) 020 7186 9030

 

Optiva Securities Limited (Joint Broker)


Christian Dennis

+44 (0) 20 3137 1902



Camarco (Financial PR)


Georgia Edmonds  |  James Crothers  |

+44 (0) 20 3757 4983  | [email protected]

 

 

 

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 issueremission 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 placwhere transactionhave 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 issueremission 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 placwhere transactionhave 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 issueremission 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 placwhere transactionhave 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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