United Oil & Gas PLC /
Index: AIM / Epic: UOG / Sector: Oil & Gas
20 March 2024
United
Oil & Gas plc ("United" or "the Company")
General
Meeting Results, TVR and PDMR Notifications
United Oil & Gas Plc (AIM:
"UOG"), the oil and
gas company with a high impact exploration asset in Jamaica and
development asset in the UK announces the results of the General
Meeting held earlier today where all the resolutions were duly
passed on a poll vote.
Accordingly, the capital
reorganisation has completed and the conditional Fundraising,
results of which were announced on 27 February 2024, will complete
on the admission to trading of the Fundraising Shares that will
take place at 8.00am tomorrow that is 21st March
2024.
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RESOLUTIONS
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FOR
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AGAINST
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TOTAL
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WITHHELD
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1
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187,989,944
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61,255,456
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249,245,400
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675,209
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2
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187,739,944
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61,505,456
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249,245,400
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675,209
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3
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187,739,944
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61,505,456
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249,245,400
|
675,209
|
Total Voting Rights
Following the capital reorganisation
and the issue of the 500,000,000 Fundraising Shares, the total
issued share capital of the Company will consist of 1,156,353,969
ordinary shares of £0.00001 each carrying the right to one vote.
There are no shares currently held in treasury. The total number of
voting rights in the Company will therefore be 1,156,353,969 and
this figure may be used by shareholders as the denominator for the
calculations by which they determine if they are required to notify
their interest in, or a change to their interest in, the Company
under the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.
END
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Enquiries
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United Oil & Gas
Plc (Company)
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Brian Larkin, CEO
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brian.larkin@uogplc.com
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Beaumont Cornish
Limited (Nominated Adviser)
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Roland Cornish | Felicity
Geidt | Asia Szusciak
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+44 (0) 20 7628 3396
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Tennyson Securities (Joint
Broker)
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Peter Krens
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+44 (0) 020 7186 9030
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Optiva Securities
Limited (Joint Broker)
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Christian Dennis
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+44 (0) 20 3137 1902
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Camarco (Financial
PR)
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Andrew Turner | Emily
Hall | Sam Morris
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+44 (0) 20 3757 4983
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Beaumont Cornish Limited ("Beaumont Cornish") is the Company's
Nominated Adviser and is authorised and regulated by the FCA.
Beaumont Cornish's responsibilities as the Company's Nominated
Adviser, including a responsibility to advise and guide the Company
on its responsibilities under the AIM Rules for Companies and AIM
Rules for Nominated Advisers, are owed solely to the London Stock
Exchange. Beaumont Cornish is not acting for and will not be
responsible to any other persons for providing protections afforded
to customers of Beaumont Cornish nor for advising them in relation
to the proposed arrangements described in this announcement or any
matter referred to in it.
Notes to Editors
United Oil & Gas is an oil
and gas company with a development asset in the 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
The below notifications are made in
accordance with the requirements of Article 19(3) of the UK Market
Abuse Regulation:
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1
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Details of the person discharging managerial responsibilities / person closely
associated
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a)
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Name
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Brian Larkin
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2
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Reason for notification
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a)
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Position / status
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Chief Executive Officer
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b)
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Initial notification
/Amendment
|
Initial
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3
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Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
|
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a)
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Name
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United Oil & Gas plc
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b)
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LEI
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4
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Details of the transaction(s): section to be repeated
for(i)each type of instrument; (ii)each type of
transaction;(iii)each date; and (iv)each place where
transactions have been conducted
|
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a)
|
Description of the financial
instrument, type of instrument
Indentification code
|
New Ordinary Shares of
£0.00001
ISIN GB00BYX0MB92
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|
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Nature of the transaction
|
Participation under a placing
|
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c)
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Price(s) and volumes(s)
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Price(s)
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Volumes(s)
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£0.002 pence per New Ordinary
Share
|
5,000,000
|
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Price(s)
|
Volumes(s)
|
|
£0.0028 pence per New
Warrant
|
1,666,667
|
|
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d)
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Aggregated information
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n/a
|
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e)
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Date of the transaction
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20 March 2024
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f)
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Place of the transaction
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Outside a trading venue
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1
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Details of the person discharging managerial responsibilities / person closely
associated
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a)
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Name
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Graham Marin
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2
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Reason for notification
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a)
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Position / status
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Non-Executive Chairman
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b)
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Initial notification
/Amendment
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Initial
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3
|
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
|
|
a)
|
Name
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United Oil & Gas plc
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b)
|
LEI
|
|
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4
|
Details of the transaction(s): section to be repeated
for(i)each type of instrument; (ii)each type of
transaction;(iii)each date; and (iv)each place where
transactions have been conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
Indentification code
|
New Ordinary Shares of
£0.00001
ISIN GB00BYX0MB92
|
|
|
Nature of the transaction
|
Participation under a placing
|
|
c)
|
Price(s) and volumes(s)
|
|
Price(s)
|
Volumes(s)
|
|
£0.002 pence per New Ordinary
Share
|
10,000,000
|
|
Price(s)
|
Volumes(s)
|
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£0.0028 pence per New
Warrant
|
3,333,333
|
|
|
d)
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Aggregated information
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n/a
|
|
e)
|
Date of the transaction
|
20 March 2024
|
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f)
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Place of the transaction
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Outside a trading venue
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1
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Details of the person discharging managerial responsibilities / person closely
associated
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a)
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Name
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Iman Hill
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2
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Reason for notification
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a)
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Position / status
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Non-Executive Director
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b)
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Initial notification
/Amendment
|
Initial
|
|
3
|
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
|
|
a)
|
Name
|
United Oil & Gas plc
|
|
b)
|
LEI
|
|
|
4
|
Details of the transaction(s): section to be repeated
for(i)each type of instrument; (ii)each type of
transaction;(iii)each date; and (iv)each place where
transactions have been conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
Indentification code
|
New Ordinary Shares of
£0.00001
ISIN GB00BYX0MB92
|
|
|
Nature of the transaction
|
Participation under a placing
|
|
c)
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Price(s) and volumes(s)
|
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Price(s)
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Volumes(s)
|
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£0.002 pence per New Ordinary
Share
|
2,500,000
|
|
Price(s)
|
Volumes(s)
|
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£0.0028 pence per New
Warrant
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833,333
|
|
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d)
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Aggregated information
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n/a
|
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e)
|
Date of the transaction
|
20 March 2024
|
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f)
|
Place of the transaction
|
Outside a trading venue
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