t
United Oil & Gas PLC announced on 07 July 2022 that its CEO, Brian Larkin, purchased 631,154 Ordinary Shares at an average price of 1.57p, and COO, Jonathan Leather, bought 312,871 shares at an average price of 1.57p. CFO, Peter Dunne, also acquired 596,651 Ordinary Shares at an average price of 1.67p on the same date. Following these transactions, their total holdings represent 2.72%, 1.33%, and 0.10% of the Company's Issued Share Capital, respectively.
| Date | 7 Jul 2022 |
| Time | 16:04:36 |
| Category | Director/PDMR dealings |
| ID | 7461R |
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 position |
Date of purchase |
Number of Ordinary Shares purchased |
Average Price paid per Ordinary Share purchased |
Total number of Ordinary Shares held following purchase |
Total as percentage of Issued Share Capital |
|
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% |
|
Peter 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 |
|
|
Sharan Dhami, Head of IR & 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 Crothers | |
+44 (0) 20 3757 4983 |[email protected]
|
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 the person discharging managerial responsibilities / person closely associated |
|||||||||
|
a) |
Name |
Brian Larkin |
||||||||
|
2 |
Reason for notification |
|||||||||
|
a) |
Position / status |
Chief Executive Officer |
||||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||
|
a) |
Name |
United Oil & Gas Plc |
||||||||
|
b) |
LEI |
213800WZWERBFYBQ9J17 |
||||||||
|
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 Identification code |
Ordinary Shares of 1p each ISIN: GB00BYX0MB92 |
||||||||
|
b) |
Nature of the transaction |
Acquisition of shares |
||||||||
|
c) |
Price(s) and volumes(s) |
|
||||||||
|
d) |
Aggregated information Aggregate volume Price(s) |
631,154 1.57p (average price) |
||||||||
|
e) |
Date of the transaction |
2022-07-07 |
||||||||
|
f) |
Place of the transaction |
AIMX |
||||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||||
|
a) |
Name |
Jonathan Leather |
||||||
|
2 |
Reason for notification |
|||||||
|
a) |
Position / status |
Chief Operating Officer |
||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
United Oil & Gas Plc |
||||||
|
b) |
LEI |
213800WZWERBFYBQ9J17 |
||||||
|
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 Identification code |
Ordinary Shares of 1p each ISIN: GB00BYX0MB92 |
||||||
|
b) |
Nature of the transaction |
Acquisition of shares |
||||||
|
c) |
Price(s) and volumes(s) |
|
||||||
|
d) |
Aggregated information Aggregate volume Price(s) |
312,871 1.57p (average price) |
||||||
|
e) |
Date of the transaction |
2022-07-07 |
||||||
|
f) |
Place of the transaction |
AIMX |
||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||||
|
a) |
Name |
Peter Dunne |
||||||
|
2 |
Reason for notification |
|||||||
|
a) |
Position / status |
Chief Financial Officer |
||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
United Oil & Gas Plc |
||||||
|
b) |
LEI |
213800WZWERBFYBQ9J17 |
||||||
|
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 Identification code |
Ordinary Shares of 1p each ISIN: GB00BYX0MB92 |
||||||
|
b) |
Nature of the transaction |
Acquisition of shares |
||||||
|
c) |
Price(s) and volumes(s) |
|
||||||
|
d) |
Aggregated information Aggregate volume Price(s) |
596,651 1.67p (average price) |
||||||
|
e) |
Date of the transaction |
2022-07-07 |
||||||
|
f) |
Place of the transaction |
AIMX |
||||||