TIDMUOG

RNS Number : 5672P

United Oil & Gas PLC

19 October 2021

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

19 October 2021

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

 
 Director's name and            Date of           Number        Price       Total number            Total 
  position                     purchase      of Ordinary     paid per        of Ordinary    as percentage 
                                                  Shares     Ordinary        Shares held        of Issued 
                                               purchased        Share          following            Share 
                                                            purchased           purchase          Capital 
 Brian Larkin , 
  Chief Executive Officer      19/10/21          677,966        2.95p         16,877,335            2.62% 
                            -----------  ---------------  -----------  -----------------  --------------- 
 Jonathan Leather 
  , 
  Chief Operating Officer      19/10/21          169,492        2.95p          8,269,118            1.28% 
                            -----------  ---------------  -----------  -----------------  --------------- 
 David Quirke , 
  Chief Financial Officer      19/10/21          338,983        2.95p          1,172,316            0.18% 
                            -----------  ---------------  -----------  -----------------  --------------- 
 Graham Martin , 
  Non-Executive Chairman       19/10/21          677,966        2.95p          4,089,730            0.63% 
                            -----------  ---------------  -----------  -----------------  --------------- 
 Tom Hickey , 
  Non-Executive Director       19/10/21          338,983        2.95p          3,461,532            0.54% 
                            -----------  ---------------  -----------  -----------------  --------------- 
 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"). The information contained in Appendix 1 is disclosed in accordance with Article 19 of MAR.

 
United Oil & Gas Plc (Company) 
Brian Larkin, CEO                      brian.larkin@uogplc.com 
Sharan Dhami, Head of IR & ESG         sharan.dhami@uogplc.com 
 
Beaumont Cornish Limited (Nominated 
 Adviser)                              +44 (0) 20 7628 3396 
Roland Cornish and Felicity Geidt 
 
Optiva Securities Limited (Broker)     +44 (0) 20 3137 1902 
Christian Dennis 
 
Murray (PR Advisor)                    +353 (0) 87 6909735 
Joe Heron                              jheron@murrayconsultants.ie 
 
Camarco (Financial PR/IR)                     +44 (0) 20 3757 4983 
Billy Clegg | James Crothers | Tessa   uog@camarco.co.uk 
 Gough-Allen 
 

Enquiries

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, Italy 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 t he p erson disc harging managerial responsib ilities 
       / p erson 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 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                                    213800WZWERBFYBQ9J17 
     -------------------------------------  ----------------------------- 
 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 financial           Ordinary Shares of 1p each 
       instrument, t ype of instrument        ISIN: GB00BYX0MB92 
       I d e ntification code 
     -------------------------------------  ----------------------------- 
 b)   Nature of the transaction              Acquisition of shares 
     -------------------------------------  ----------------------------- 
 c)   Price(s) and volumes(s)                  Price(s)   Volumes(s) 
                                                2.95p      677,966 
                                                          ----------- 
     -------------------------------------  ----------------------------- 
 d)   Aggregated information                 N/A 
       Aggregate volume 
       Price(s) 
     -------------------------------------  ----------------------------- 
 e)   Date of the transaction                2021-10-19 
     -------------------------------------  ----------------------------- 
 f)   Place of the transaction               XOFF 
     -------------------------------------  ----------------------------- 
 
 
 1    Details of t he p erson disc harging managerial responsib ilities 
       / p erson 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 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                                    213800WZWERBFYBQ9J17 
     -------------------------------------  ----------------------------- 
 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 financial           Ordinary Shares of 1p each 
       instrument, t ype of instrument        ISIN: GB00BYX0MB92 
       I d e ntification code 
     -------------------------------------  ----------------------------- 
 b)   Nature of the transaction              Acquisition of shares 
     -------------------------------------  ----------------------------- 
 c)   Price(s) and volumes(s)                  Price(s)   Volumes(s) 
                                                2.95p      169,492 
                                                          ----------- 
     -------------------------------------  ----------------------------- 
 d)   Aggregated information                 N/A 
       Aggregate volume 
       Price(s) 
     -------------------------------------  ----------------------------- 
 e)   Date of the transaction                2021-10-19 
     -------------------------------------  ----------------------------- 
 f)   Place of the transaction               XOFF 
     -------------------------------------  ----------------------------- 
 
 
 1    Details of t he p erson disc harging managerial responsib ilities 
       / p erson closely associated 
 a)   Name                                   David Quirke 
     -------------------------------------  ----------------------------- 
 2    Reason for notification 
     -------------------------------------------------------------------- 
 a)   Position / status                      Chief Financial Officer 
     -------------------------------------  ----------------------------- 
 b)   I nitial notification/Amendment        Initial notification 
     -------------------------------------  ----------------------------- 
 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                                    213800WZWERBFYBQ9J17 
     -------------------------------------  ----------------------------- 
 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 financial           Ordinary Shares of 1p each 
       instrument, t ype of instrument        ISIN: GB00BYX0MB92 
       I d e ntification code 
     -------------------------------------  ----------------------------- 
 b)   Nature of the transaction              Acquisition of shares 
     -------------------------------------  ----------------------------- 
 c)   Price(s) and volumes(s)                  Price(s)   Volumes(s) 
                                                2.95p      338,983 
                                                          ----------- 
     -------------------------------------  ----------------------------- 
 d)   Aggregated information                 N/A 
       Aggregate volume 
       Price(s) 
     -------------------------------------  ----------------------------- 
 e)   Date of the transaction                2021-10-19 
     -------------------------------------  ----------------------------- 
 f)   Place of the transaction               XOFF 
     -------------------------------------  ----------------------------- 
 
 
 1    Details of t he p erson disc harging managerial responsib ilities 
       / p erson closely associated 
 a)   Name                                   Graham Martin 
     -------------------------------------  ----------------------------- 
 2    Reason for notification 
     -------------------------------------------------------------------- 
 a)   Position / status                      Non-Executive Chairman 
     -------------------------------------  ----------------------------- 
 b)   I nitial notification/Amendment        Initial notification 
     -------------------------------------  ----------------------------- 
 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                                    213800WZWERBFYBQ9J17 
     -------------------------------------  ----------------------------- 
 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 financial           Ordinary Shares of 1p each 
       instrument, t ype of instrument        ISIN: GB00BYX0MB92 
       I d e ntification code 
     -------------------------------------  ----------------------------- 
 b)   Nature of the transaction              Acquisition of shares 
     -------------------------------------  ----------------------------- 
 c)   Price(s) and volumes(s)                  Price(s)   Volumes(s) 
                                                2.95p      677,966 
                                                          ----------- 
     -------------------------------------  ----------------------------- 
 d)   Aggregated information                 N/A 
       Aggregate volume 
       Price(s) 
     -------------------------------------  ----------------------------- 
 e)   Date of the transaction                2021-10-19 
     -------------------------------------  ----------------------------- 
 f)   Place of the transaction               XOFF 
     -------------------------------------  ----------------------------- 
 
 
 1    Details of t he p erson disc harging managerial responsib ilities 
       / p erson closely associated 
 a)   Name                                   Tom Hickey 
     -------------------------------------  ----------------------------- 
 2    Reason for notification 
     -------------------------------------------------------------------- 
 a)   Position / status                      Non-Executive Director 
     -------------------------------------  ----------------------------- 
 b)   I nitial notification/Amendment        Initial notification 
     -------------------------------------  ----------------------------- 
 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                                    213800WZWERBFYBQ9J17 
     -------------------------------------  ----------------------------- 
 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 financial           Ordinary Shares of 1p each 
       instrument, t ype of instrument        ISIN: GB00BYX0MB92 
       I d e ntification code 
     -------------------------------------  ----------------------------- 
 b)   Nature of the transaction              Acquisition of shares 
     -------------------------------------  ----------------------------- 
 c)   Price(s) and volumes(s)                  Price(s)   Volumes(s) 
                                                2.95p      338,983 
                                                          ----------- 
     -------------------------------------  ----------------------------- 
 d)   Aggregated information                 N/A 
       Aggregate volume 
       Price(s) 
     -------------------------------------  ----------------------------- 
 e)   Date of the transaction                2021-10-19 
     -------------------------------------  ----------------------------- 
 f)   Place of the transaction               XOFF 
     -------------------------------------  ----------------------------- 
 

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