United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas
2 April 2025
United Oil & Gas plc ("United" or "the Company")
Holding(s) in Company
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 has received a TR-1 notification which is set out below in full and without amendment.
| Enquiries | | |
| United Oil & Gas Plc (Company) | | |
| Brian Larkin, CEO | | 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) 20 7186 9030 |
|
Optiva Securities Limited (Joint Broker) | | |
| Christian Dennis | | +44 (0) 20 3137 1902
|
| Shard Capital Limited (Joint Broker) Damon Heath | Isabella Pierre | | +44 (0) 207 186 9900 |
| | | |
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.
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BYX0MB92
Issuer Name
UNITED OIL & GAS PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of financial instruments
3. Details of person subject to the notification obligation
Name
Spreadex LTD
City of registered office (if applicable)
St. Albans
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
01-Apr-2025
6. Date on which Issuer notified
02-Apr-2025
7. Total positions of person(s) subject to the notification obligation
|
| % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 1.374600 | 1.861800 | 3.236400 | 62004730 |
| Position of previous notification (if applicable) | 1.845000 | 0.057900 | 1.902900 | |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00BYX0MB92 | 26334730 | | 1.374600 | |
| Sub Total 8.A | 26334730 | 1.374600% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| CFD/Spread Bet | | | 35670000 | 1.861800 |
| Sub Total 8.B1 | | 35670000 | 1.861800% | |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
|
| | | | | |
| Sub Total 8.B2 | | | | ||
9. Information in relation to the person subject to the notification obligation
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
|
| | | | |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Sam Meisel
01727 895138
Spreadex is an FCA regulated provider of spread betting and CFD trading. Founded in 1999, Spreadex gives both retail and professional traders the opportunity to trade over 10,000 global markets, including UK small caps. For more information see www.spreadex.com/financials.
12. Date of Completion
02-Apr-2025
13. Place Of Completion
UK
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