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

6 February 2025

United Oil & Gas plc

("United" or "the Company")

Further re Issue of Equity and TVR

Further to the "Final Settlement of Legacy Liability and TVR" RNS published on 27^th January 2025, United Oil & Gas Plc (AIM: "UOG"), the oil and gas company with a high impact exploration asset in Jamaica and a development asset in the UK confirms that application has been made to the London Stock Exchange for the 59,523,810 new ordinary shares of £0.00001 each (the "Settlement Shares"), which when issued will rank pari passu with the existing ordinary shares in issue, to be admitted to trading on AIM (the "Admission"). It is expected that Admission will become effective and that trading in the Settlement Shares will commence at 8.00 a.m. on 11 February 2025.

Following the issue and allotment of the Settlement Shares, the Company's total issued share capital will consist of 1,915,877,779 ordinary shares with voting rights. The Company does not hold any ordinary shares in treasury.

Accordingly, as from Admission the total number of voting rights in the Company will be 1,915,877,779 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will 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.

**ENDS**

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