leadf
logo-loader
viewUnion Jack Oil PLC

Union Jack Oil PLC - Director Dealing

RNS Number : 7335S
Union Jack Oil PLC
13 July 2020
 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement

 

13 July 2020

 

Union Jack Oil plc

("Union Jack" or the "Company")

Director Dealing

 

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company announces that it has been notified that Mr Joseph 0`Farrell, Executive Director, on 10 July 2020, purchased 11,100,000 ordinary shares of 0.025p each in Union Jack, at a price of 0.225p.

Following this purchase, Mr O`Farrell is the beneficial owner of 286,832,806 ordinary shares in the Company representing 1.86% of the issued share capital.

 

PDMR Dealing

 

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Mr. Joseph O'Farrell

2.     

Reason for the notification

a)

Position/status:

Executive Director

b)

Initial notification/Amendment:

Initial notification

3.     

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

Union Jack Oil plc

b)

LEI:

2138005VW7IUUUPY5Q88

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:

Ordinary shares of 0.025p each

b)

Identification code:

GB00B814XC94

c)

Nature of the transaction:

Purchase of shares

d)

Price(s) and volume(s):

Price(s)

Volume(s)

0.225p

11,100,000

 

e)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)

Volume(s)

0.225p

11,100,000

 

f)

Date of the transaction:

10 July 2020

g)

Place of the transaction:

AIM

 

 

For further information, please contact:

Union Jack Oil plc                                                         +44 (0)78 0154 0358

David Bramhill

 

SP Angel Corporate Finance LLP                                +44 (0)20 3470 0470

Nominated Adviser and Broker

Richard Morrison

Richard Hail

Caroline Rowe

 

Cassiopeia Services Ltd                                                 +44 (0)7949 690 338

Public Relations

Stefania Barbaglio

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHFLFFFDEIFLII

Quick facts: Union Jack Oil PLC

Price: 0.1577

Market: AIM
Market Cap: £31.25 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Union Jack Oil expects to be drilling at West Newton within weeks

Union Jack Oil PLC's (LON:UJO) David Bramhill tells Proactive London's Andrew Scott drilling is due to kick off in the next few weeks at the West Newton project, where an appraisal well will follow up last year’s successful discovery. The plan also includes the combined testing of the new well,...

on 4/8/20