REG - United Oil & Gas PLC - Result of General Meeting TVR & PDMR Notifications

United Oil & GasAnnouncement

20/03/2024 15:30

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RNS Number : 6611H  United Oil & Gas PLC  20 March 2024

 

 

 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 21(st) March 2024.

 RESOLUTIONS  FOR          AGAINST     TOTAL        WITHHELD
 1            187,989,944  61,255,456  249,245,400  675,209
 2            187,739,944  61,505,456  249,245,400  675,209
 3            187,739,944  61,505,456  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

 

 Enquiries
 United Oil & Gas Plc (Company)
 Brian Larkin, CEO                                      brian.larkin@uogplc.com (mailto:brian.larkin@uogplc.com)

 Beaumont Cornish Limited (Nominated Adviser)
 Roland Cornish | Felicity Geidt | Asia Szusciak        +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)
 Andrew Turner | Emily Hall | Sam Morris                +44 (0) 20 3757 4983

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 (http://www.uogplc.com/)

The below notifications are made in accordance with the requirements of
Article 19(3) of the UK Market Abuse Regulation:

 

 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                                           Initial

     /Amendment
 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    New Ordinary Shares of £0.00001

                                                                    ISIN GB00BYX0MB92

     Indentification code
     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   5,000,000

 

Price(s)                        Volumes(s)
                                                                    £0.0028 pence per New Warrant   1,666,667

 d)  Aggregated information                                         n/a
 e)  Date of the transaction                                        20 March 2024
 f)  Place of the transaction                                       Outside a trading venue

 

 Price(s)                        Volumes(s)
 £0.0028 pence per New Warrant   1,666,667

d)

Aggregated information

n/a

e)

Date of the transaction

20 March 2024

f)

Place of the transaction

Outside a trading venue

 

 1   Details  of  the  person  discharging  managerial  responsibilities  /  person  closely
     associated
 a)  Name                                                           Graham Marin
 2   Reason for notification
 a)  Position / status                                              Non-Executive Chairman
 b)  Initial notification                                           Initial

     /Amendment
 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    New Ordinary Shares of £0.00001

                                                                    ISIN GB00BYX0MB92

     Indentification code
     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)
                                                                    £0.0028 pence per New Warrant   3,333,333

 d)  Aggregated information                                         n/a
 e)  Date of the transaction                                        20 March 2024
 f)  Place of the transaction                                       Outside a trading venue

 

 Price(s)                        Volumes(s)
 £0.0028 pence per New Warrant   3,333,333

d)

Aggregated information

n/a

e)

Date of the transaction

20 March 2024

f)

Place of the transaction

Outside a trading venue

 

 1   Details  of  the  person  discharging  managerial  responsibilities  /  person  closely
     associated
 a)  Name                                                           Iman Hill
 2   Reason for notification
 a)  Position / status                                              Non-Executive Director
 b)  Initial notification                                           Initial

     /Amendment
 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    New Ordinary Shares of £0.00001

                                                                    ISIN GB00BYX0MB92

     Indentification code
     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   2,500,000

 

Price(s)                        Volumes(s)
                                                                    £0.0028 pence per New Warrant   833,333

 

 d)  Aggregated information                                         n/a
 e)  Date of the transaction                                        20 March 2024
 f)  Place of the transaction                                       Outside a trading venue

 

 Price(s)                        Volumes(s)
 £0.0028 pence per New Warrant   833,333

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

20 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

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