United Oil & Gas PLC Holding(s) in Company (7747T)
March 21 2023 - 2:09PM
UK Regulatory
TIDMUOG
RNS Number : 7747T
United Oil & Gas PLC
21 March 2023
21 March 2023
United Oil & Gas PLC
("United" or "the Company")
Holding(s) in Company
United Oil & Gas PLC (AIM: "UOG") announces that it has
today received a TR-1 notification from David and Monique Newlands,
as set out below without amendment, of a decrease in their
shareholding in the Company to below 3% and therefore they no
longer hold a notifiable interest in the ordinary shares of the
Company.
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) 20 7186 9030
Optiva Securities Limited (Joint
Broker)
Christian Dennis +44 (0) 20 3137 1902
Camarco (Financial PR)
Georgia Edmonds | Emily Hall +44 (0) 20 3757 4983 |
|Sam Morris uog@camarco.co.uk
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BYX0MB92
Issuer Name
UNITED OIL & GAS PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights; An acquisition or
disposal of financial instruments
3. Details of person subject to the notification obligation
Name
David and Monique Newlands
City of registered office (if applicable)
Country of registered office (if applicable)
Name City of registered office Country of registered office
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s)
subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
21-Mar-2023
6. Date on which Issuer notified
21-Mar-2023
7. Total positions of person(s) subject to the notification
obligation
% of voting rights % of voting rights Total of both in % Total number of
attached to shares through financial (8.A + 8.B) voting rights held
(total of 8.A) instruments (total in issuer
of 8.B 1 + 8.B 2)
Resulting situation
on the date on
which threshold
was crossed or
reached 2.750 0.118 2.868 18,825,000
====================== ====================== ====================== ======================
Position of
previous
notification (if
applicable)
====================== ====================== ====================== ======================
8. Notified details of the resulting situation on the date on
which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares Number of direct Number of indirect % of direct voting % of indirect voting
ISIN code(if possible) voting rights (DTR5.1) voting rights rights (DTR5.1) rights (DTR5.2.1)
(DTR5.2.1)
GB00BYX0MB92 18,050,000 2.75
====================== ====================== ====================== ======================
Sub Total 8.A 18,050,000 2.75%
============================================== ==============================================
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial Expiration date Exercise/conversion period Number of voting rights % of voting rights
instrument that may be acquired if
the instrument is
exercised/converted
Sub Total 8.B1
=========================================== ========================= ==================
8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Type of financial Expiration date Exercise/conversion Physical or cash Number of voting % of voting rights
instrument period settlement rights
long spread bet rolling Cash 775,000 0.118
====================================== ================= ================== ==================
Sub Total 8.B2 775,000 0.118%
================== ==================
9. Information in relation to the person subject to the
notification obligation
1. Person subject to the notification obligation is not
controlled by any natural person or legal entity and does not
control any other undertaking(s) holding directly or indirectly an
interest in the (underlying) issuer.
Ultimate controlling Name of controlled % of voting rights if % of voting rights Total of both if it
person undertaking it equals or is higher through financial equals or is higher
than the notifiable instruments if it than the notifiable
threshold equals or is higher threshold
than the notifiable
threshold
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
12. Date of Completion
21-Mar-2023
13. Place Of Completion
UK
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END
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