AIM Schedule One update - United Oil & Gas plc (6520Q)

TIDMUOG

RNS Number : 6520Q

AIM

20 February 2019

 
         ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION 
          IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM 
                                     RULES") 
 
 COMPANY NAME: 
 
   UNITED OIL & GAS PLC ("UOG", "United" or the "Company") 
 COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY 
  TRADING ADDRESS (INCLUDING POSTCODES) : 
 
   Registered office address: 
   200 Strand 
   London 
   WC2R 1DJ 
 
   Trading address: 
   9 Upper Pembroke Street 
   Dublin 2 
   Ireland 
 COUNTRY OF INCORPORATION: 
 
   England and Wales 
 COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED 
  BY AIM RULE 26: 
 
   www.uogplc.com 
 COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, 
  IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING 
  POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE 
  TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED: 
 
   UOG is an oil and gas exploration and development company brought 
   to the Official List (Standard Segment) in July 2017 by way 
   of a reverse takeover of Senterra Energy plc. 
 
   The Company has a number of directly held oil & gas assets 
   located in the UK, Italy and Jamaica in development of which 
   it is actively involved. UOG's aim is to focus on production, 
   development and low-risk appraisal/exploration oil and gas 
   assets in Europe, whilst remaining alert for growth opportunities 
   on a global basis, primarily in Caribbean, Latin America and 
   Africa. 
 
   The Company currently has its executive management team in 
   Dublin and the business operates in three countries - UK, Italy 
   and Jamaica. 
 DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS 
  AS TO TRANSFER OF THE SECURITIES (i.e. where known, number 
  and type of shares, nominal value and issue price to which 
  it seeks admission and the number and type to be held as treasury 
  shares): 
 
   Number of ordinary shares of GBP0.01 each ("Ordinary Shares") 
   for which Admission is being sought: 345,613,985 
 
   There are no restrictions as to the transferability of the 
   Ordinary Shares. 
 
   No Ordinary Shares will be held in treasury on Admission. 
 CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING) 
  AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION: 
 
   No capital to be raised on Admission. 
 
   Anticipated market capitalisation on Admission GBP17 million 
   (depending on the prevailing mid-market share price of the 
   Company's Ordinary Shares currently listed on the Standard 
   Listing prior to Admission) 
 PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION: 
 
   4.64% 
 DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH 
  THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE 
  OR WILL BE ADMITTED OR TRADED: 
 
   The Company's Ordinary Shares are currently admitted to the 
   Official List (by way of a Standard Listing) and to trading 
   on the London Stock Exchange's Main Market for listed securities. 
   The listing will be cancelled concurrently with AIM Admission. 
   Therefore, as from Admission the Company's Ordinary Shares 
   will only be traded on AIM. 
 FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS 
  (underlining the first name by which each is known or including 
  any other name by which each is known): 
 
   Alan Graham Martin, Non-Executive Chairman 
   Brian Edward Andrew Larkin, Chief Executive Officer 
   Jonathan James Leather, Chief Operating Officer 
   Alberto Cattaruzza, Non-Executive Director 
 FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED 
  AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER 
  ADMISSION (underlining the first name by which each is known 
  or including any other name by which each is known): 
 
   NONE 
 NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 
  2, PARAGRAPH (H) OF THE AIM RULES: 
 
   N/A 
 (i) ANTICIPATED ACCOUNTING REFERENCE DATE 
  (ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION 
  DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited 
  interim financial information) 
  (iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS 
  PURSUANT TO AIM RULES 18 AND 19: 
 
             (i) 31 December 
             (ii) Accountants' report for the year ended 31 December 2017 
             along with comparatives for the periods ended 31 December 2016 
             and 31 December 2015 and also unaudited half-yearly accounts 
             for the six-month period ended 30 June 2018 along with comparatives 
             for the period ended 30 June 2017 
             (iii) 30 June 2019 (annual accounts for the year ended 31 December 
             2018 
             30 September 2019 (half-yearly accounts for the six-month period 
             ended 30 June 2019) 
             30 June 2020 (annual accounts for the year ended 31 December 
             2019) 
 EXPECTED ADMISSION DATE: 
 
   1 March 2019 
 NAME AND ADDRESS OF NOMINATED ADVISER: 
 
   Beaumont Cornish Limited 
   10th Floor 
   30 Crown Place 
   London 
   EC2A 4EB 
 NAME AND ADDRESS OF BROKER: 
 
   Optiva Securities Limited 
   49 Berkeley Square 
   Mayfair 
   London 
   W1J 5AZ 
 OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE 
  (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE 
  AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL 
  DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES: 
 
   The AIM Admission Document will be available from the Company's 
   registered office and from the offices of Beaumont Cornish, 
   10th Floor, 30 Crown Place, London EC2A 4EB during normal business 
   hours on any weekday (Saturdays and public holidays excepted). 
   An electronic version will be available to download from the 
   Company's website: www.uogplc.com 
 THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO 
  APPLY 
 
   QCA Corporate Governance Code 
 DATE OF NOTIFICATION: 
 
   20 February 2019 
 NEW/ UPDATE: 
 
   UPDATE

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February 20, 2019 10:30 ET (15:30 GMT)

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