United Oil & Gas PLC Directors' Dealings (7461R)
July 07 2022 - 11:04AM
UK Regulatory
TIDMUOG
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 Date of Number Average Total number Total
position purchase of Ordinary Price of Ordinary as percentage
Shares paid per Shares held of Issued
purchased Ordinary following Share
Share purchase Capital
purchased
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 brian.larkin@uogplc.com
Sharan Dhami, Head of IR sharan.dhami@uogplc.com
& ESG
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 +44 (0) 20 3757 4983 | uog@camarco.co.uk
Crothers |
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 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)
1.5p 150,000
-----------
1.59p 481,154
-----------
----------------------------------- ---------------------------
d) Aggregated information
Aggregate volume 631,154
Price(s) 1.57p (average price)
----------------------------------- ---------------------------
e) Date of the transaction 2022-07-07
----------------------------------- ---------------------------
f) Place of the transaction AIMX
----------------------------------- ---------------------------
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)
1.5p 50,000
-----------
1.59p 262,871
-----------
----------------------------------- ---------------------------
d) Aggregated information
Aggregate volume 312,871
Price(s) 1.57p (average price)
----------------------------------- ---------------------------
e) Date of the transaction 2022-07-07
----------------------------------- ---------------------------
f) Place of the transaction AIMX
----------------------------------- ---------------------------
1 Details of t he p erson disc harging managerial responsib
ilities / p erson 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 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)
1.67p 585,308
1.65p 11,343
-----------
----------------------------------- ---------------------------
d) Aggregated information
Aggregate volume 596,651
Price(s) 1.67p (average price)
----------------------------------- ---------------------------
e) Date of the transaction 2022-07-07
----------------------------------- ---------------------------
f) Place of the transaction AIMX
----------------------------------- ---------------------------
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