Source - LSE Regulatory
RNS Number : 7747T
United Oil & Gas PLC
21 March 2023
 

21 March 2023

United Oil & Gas PLC

("United" or "the Company")

 

Holding(s) in Company

United Oil & Gas PLC (AIM: "UOG") announces that it has today received a TR-1 notification from David and Monique Newlands, as set out below without amendment, of a decrease in their shareholding in the Company to below 3% and therefore they no longer hold a notifiable interest in the ordinary shares of the Company.

 

Enquiries

 



United Oil & Gas Plc (Company)



Brian Larkin, CEO


brian.larkin@uogplc.com

Sharan Dhami, Head of IR & ESG


sharan.dhami@uogplc.com




Beaumont Cornish Limited (Nominated Adviser)



Roland Cornish | Felicity Geidt


+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




Camarco (Financial PR)



Georgia Edmonds | Emily Hall |Sam Morris

 

 


+44 (0) 20 3757 4983  |uog@camarco.co.uk

 

 

 

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 voting rights; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

David and Monique Newlands

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

Name

City of registered office

Country of registered office




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

21-Mar-2023

6. Date on which Issuer notified

21-Mar-2023

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

2.750

0.118

2.868

18,825,000

Position of previous notification (if applicable)





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

18,050,000


2.75


Sub Total 8.A

18,050,000

2.75%

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

 





Sub Total 8.B1




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

long spread bet

rolling


Cash

775,000

0.118

Sub Total 8.B2


775,000

0.118%

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

 

12. Date of Completion

21-Mar-2023

13. Place Of Completion

UK

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