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United Oil & Gas PLC - Director/PDMR Shareholding

RNS Number : 5620E
United Oil & Gas PLC
28 February 2020
 

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

 28 February 2020

United Oil & Gas PLC

("United" or the "Company")

Director/PDMR Shareholdings

Further to the announcements of 9 December 2019 (RNS Number: 1232W) and 28 February 2020 (RNS Number: 4217E), United Oil & Gas Plc (AIM: "UOG"), the AIM listed oil and gas exploration, development and production company, confirms that Graham Martin and David Quirke, the Directors of the Company, have each subscribed for 2,000,000 Subscription Shares and 833,333 Subscription Shares respectively at the Subscription Price on the same terms as the other Subscribers as part of the Subscription. Accordingly, their respective interest in the Company's Enlarged Ordinary Share Capital, following admission to trading earlier today, is as set out in the table below.

Director

Number of Ordinary Shares held

Number of Subscription Shares

Total Number of Ordinary Shares

% of Enlarged Ordinary Share Capital

Graham Martin, Non-Executive Chairman

1,411,764

2,000,000

3,411,764

0.6%

David Quirke, Chief Financial Officer

0

833,333

833,333

0.1%

 

Defined terms used in this announcement have the meanings ascribed to them in the Admission Document.

The information contained in Appendix 1 below is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

ENDS

United Oil & Gas Plc (Company)


Brian Larkin, CEO

[email protected]

Beaumont Cornish Limited (Nominated Adviser)


Roland Cornish and Felicity Geidt

+44 (0) 20 7628 3396

Optiva Securities Limited (Joint Broker)


Christian Dennis

+44 (0) 20 3137 1902

Cenkos Securities Plc (Joint Broker)


Joe Nally (Corporate Broking)

Derrick Lee and Pete Lynch

 +44 (0) 20 7397 8900

+44 (0) 131 220 6939

Murray (PR Advisor)

+353 (0) 87 6909735

Joe Heron

[email protected]



St Brides Partners (Financial PR/IR)


Frank Buhagiar and Priit Piip

+44 (0) 207 236 1177

 

 

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

Graham Martin

2

Reason for notification

a)

Position / status

Non-Executive Chairman

b)

Initial notification

/Amendment

Initial notification

3

Details of the issueremission 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

 

Nature of the transaction

Acquisition of shares pursuant to subscription

 

 

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

3p

2,000,000

d)

Aggregated information

N/A

e)

Date of the transaction

2020-02-28

f)

Place of the transaction

Outside a trading venue

 

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

David Quirke

2

Reason for notification

a)

Position / status

Chief Financial Officer

b)

Initial notification

/Amendment

Initial notification

3

Details of the issueremission 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

 

Nature of the transaction

Acquisition of shares pursuant to subscription

 

 

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

3p

833,333

d)

Aggregated information

N/A

e)

Date of the transaction

2020-02-28

f)

Place of the transaction

Outside a trading venue

 

 


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.
 
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