United Oil & Gas PLC Issue of Options and Director/PDMR Shareholding (2383D)
October 27 2020 - 3:00AM
UK Regulatory
TIDMUOG
RNS Number : 2383D
United Oil & Gas PLC
27 October 2020
United Oil & Gas Plc / Index: AIM / Epic: UOG / Sector: Oil
& Gas
United Oil & Gas Plc
('United' or 'the Company')
Issue of Share Options
Director/PDMR Shareholding
27 October 2020
The Board of Directors of United Oil & Gas Plc, the AIM
traded oil and gas exploration, the growing oil and gas company
with a portfolio of production, development and exploration assets
, has awarded the following options (the "Share Options") to
Non-Executive Director, Iman Hill:
Director / PDMR Position Options Awarded Total Options
Held
Non-Executive
Iman Hill Director 1,481,481 1,481,481
--------------- ---------------- --------------
The Share Options relate to a contractual award on commencement
of employment and were granted on 29 September 2020; but the
issuance has been delayed due to closed periods primarily relating
to the financial results of the Company.
The Share Options are awarded with the following terms and
conditions:
(a) an exercise price of 2.7 pence;
(b) a vesting period of three years from the date of grant;
(c) an expiry date of 28 September 2030.
The total options in issue post the award of Share Options
outlined above will be 46,767,691 or 7.48% of the issued share
capital of 625,153,969 shares.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014 (MAR).
**ENDS**
United Oil & Gas Plc (Company)
Brian Larkin, CEO brian.larkin@uogplc.com
Beaumont Cornish Limited (Nominated
Adviser)
Roland Cornish and Felicity Geidt +44 (0) 20 7628 3396
Optiva Securities Limited (Joint
Broker)
Christian Dennis +44 (0) 20 3137 1902
Cenkos Securities Plc (Joint Broker)
Joe Nally (Corporate Broking) +44 (0) 20 7397 8900
Derrick Lee and Pete Lynch +44 (0) 131 220 6939
Murray (PR Advisor) +353 (0) 87 6909735
Joe Heron jheron@murrayconsultants.ie
Camarco (Financial PR/IR)
Billy Clegg +44 (0) 20 3757 4983
Georgia Edmonds uog@camarco.co.uk
James Crothers
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of t he p erson disc harging managerial responsibilities
/ p erson closely associated
a) Name Iman Hill
--------------------------- --------------------------------------
2 Reason for notification
-------------------------------------------------------------------
a) Position / status Non-Executive Director
--------------------------- --------------------------------------
b) I nitial notification Initial
/Amendment
--------------------------- --------------------------------------
3 Details of t he issu er, e mission allow a n ce m a
r k et participan t, au ct ion plat for m, au ction
eer or auc tion monitor
-------------------------------------------------------------------
a) Name United Oil & Gas plc
--------------------------- --------------------------------------
b) LEI 213800WZWERBFY
--------------------------- --------------------------------------
4 Details of t he t ransact ion (s): section to be re
p eated for ( i) e a ch type of instr u m e n t; (ii)
each type of transac tion; (iii) each date; and ( iv)
each place w h ere transactions have b een condu cted
-------------------------------------------------------------------
a) Description of the Options over ordinary shares of 1
financial instrument, pence each in United Oil & Gas plc
t ype of instrument with vesting for three years from
date of grant, and expiry date of
28 September 2030
I d e ntification
code
ISIN GB00BYX0MB92
--------------------------- --------------------------------------
Nature of the transaction Award of options pursuant to contract
of employment
--------------------------- --------------------------------------
c) Price(s) and volumes(s) Price(s) Volumes(s)
Exercise price
of 2.7 pence 1,481,481
-----------
--------------------------- --------------------------------------
d) Aggregated information n/a
--------------------------- --------------------------------------
e) Date of the transaction 27th October 2020
--------------------------- --------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------- --------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHMZMZGKVNGGZM
(END) Dow Jones Newswires
October 27, 2020 03:00 ET (07:00 GMT)
United Oil & Gas (LSE:UOG)
Historical Stock Chart
From Jun 2024 to Jul 2024
United Oil & Gas (LSE:UOG)
Historical Stock Chart
From Jul 2023 to Jul 2024
