United
Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil &
Gas
8 April 2024
United
Oil & Gas plc ("United" or "the Company")
Notification of Change in Shareholdings
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 two
notifications advising of a change in shareholdings in the Company,
both of which are set out below without amendment.
On 3 April 2024 the Company was
notified that as of 28 March 2024 that the estate of William Samuel
Clive Richards (deceased) no longer has a notifiable interest in
the Company due to the increase in issued share capital of the
Company.
On 4 April 2024, the Company was
notified that Spreadex LTD has no longer a notifiable interest in
the Company.
END
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Enquiries
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United Oil & Gas
Plc (Company)
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Brian Larkin, CEO
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brian.larkin@uogplc.com
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Beaumont Cornish
Limited (Nominated Adviser)
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Roland Cornish | Felicity
Geidt | Asia Szusciak
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+44 (0) 20 7628 3396
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Tennyson Securities (Joint
Broker)
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Peter Krens
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+44 (0) 20 7186 9030
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Optiva Securities
Limited (Joint Broker)
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Christian Dennis
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+44 (0) 20 3137 1902
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Camarco (Financial
PR)
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Andrew Turner | Emily
Hall | Sam Morris
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+44 (0) 20 3757 4983
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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
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Please note that from 22 March 2021, the Standard TR-1 Form
should be completed and submitted to the FCA via our Electronic
Submission System (ESS) in relation to notifications of voting
rights held in issuers whose shares are admitted to trading on UK
regulated markets.
Holders of voting rights in issuers whose shares are admitted
to trading on UK prescribed markets such as AIM market, can
continue to use this form to send their notifications to those
issuers. Alternatively, if they wish they can register on ESS to be
able to notify to us, produce a TR-1 Form via ESS and submit the
downloaded version to issuers with shares admitted to trading
on prescribed markets.
More information on how to submit a TR-1 Form via ESS is
available
here
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TR-1: Standard form for notification
of major holdings
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NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and
to the FCA in Microsoft Word format if possible)
i
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1a.
Identity of the issuer or the underlying issuer of existing shares
to which voting rights are attached ii:
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United Oil & Gas PLC
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1b.
Please indicate if the issuer is a non-UK
issuer (please mark with an
"X" if appropriate)
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Non-UK issuer
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2.
Reason for the notification (please
mark the appropriate box or boxes with an "X")
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An acquisition or disposal of voting
rights
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An acquisition or disposal of
financial instruments
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An event changing the breakdown of
voting rights
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X
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Other (please specify)
iii:
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3.
Details of person subject to the notification
obligation iv
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Name
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William Samuel Clive Richards
(deceased)
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City and country of registered office
(if applicable)
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4.
Full name of shareholder(s) (if
different from 3.) v
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Name
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City and country of registered office
(if applicable)
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5.
Date on which the threshold was crossed or reached
vi:
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28-March-2024
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6.
Date on which issuer notified
(DD/MM/YYYY):
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03-April-2024
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7.
Total positions of person(s) subject to the notification
obligation
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% of
voting rights attached to shares (total of 8. A)
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%
of voting rights through
financial instruments
(total of 8.B 1 + 8.B 2)
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Total of
both in % (8.A + 8.B)
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Total number of voting rights held in
issuer (8.A + 8.B) vii
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Resulting situation on the date on
which threshold was crossed or reached
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1.92%
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0%
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1.92%
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Position of previous notification
(if
applicable)
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3.38%
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0%
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3.38%
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8.
Notified details of the resulting situation on the date on which
the threshold was crossed or reached
viii
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A:
Voting rights attached to shares
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Class/type of
shares
ISIN code (if possible)
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Number of voting rights ix
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% of
voting rights
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Direct
(DTR5.1)
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Indirect
(DTR5.2.1)
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Direct
(DTR5.1)
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Indirect
(DTR5.2.1)
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Ordinary
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22,193,296
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1.92%
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SUBTOTAL 8. A
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1.92%
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B 1:
Financial Instruments according to DTR5.3.1R (1)
(a)
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Type
of financial instrument
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Expiration
date x
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Exercise/
Conversion Period xi
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Number of voting rights that may be acquired if the instrument
is
exercised/converted.
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% of
voting rights
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SUBTOTAL 8. B 1
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B 2:
Financial Instruments with similar economic effect according to
DTR5.3.1R (1) (b)
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Type
of financial instrument
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Expiration
date x
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Exercise/
Conversion Period xi
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Physical or cash
Settlement xii
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Number of voting rights
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% of
voting rights
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SUBTOTAL 8.B.2
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9.
Information in relation to the person subject to the notification
obligation (please mark
the
applicable box with an
"X")
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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
xiii
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Full chain of
controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held starting with the
ultimate controlling natural person or legal entity (please add additional rows as necessary)
xiv
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Name
xv
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% of voting rights if it
equals or is higher than the notifiable threshold
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% of voting rights through
financial instruments if it equals or is higher than the notifiable
threshold
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Total of both if it equals or
is higher than the notifiable threshold
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10. In case of proxy voting,
please identify:
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Name of the proxy holder
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The number and % of voting rights
held
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The date until which the voting
rights will be held
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11.
Additional information xvi
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-
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Place of completion
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Hereford, UK
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Date
of completion
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03-April-2024
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TR-1:
Standard form for notification of major holdings
2.
Reason for Notification
An acquisition or disposal of
financial instruments
3.
Details of person subject to the notification
obligation
City
of registered office (if applicable)
Country of registered office (if applicable)
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
6.
Date on which Issuer notified
7.
Total positions of person(s) subject to the notification
obligation
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% of
voting rights attached to shares (total of 8.A)
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% of
voting rights through financial instruments (total of 8.B 1 + 8.B
2)
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Total of both in % (8.A + 8.B)
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Total number of voting rights held in issuer
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Resulting situation on the date on
which threshold was crossed or reached
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1.845000
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0.057900
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1.902900
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22004730
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Position of previous notification
(if applicable)
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1.845000
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1.787500
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3.632500
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8.
Notified details of the resulting situation on the date on which
the threshold was crossed or reached
8A.
Voting rights attached to shares
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Class/Type of shares ISIN code(if possible)
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Number of direct voting rights (DTR5.1)
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Number of indirect voting rights (DTR5.2.1)
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% of
direct voting rights (DTR5.1)
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% of
indirect voting rights (DTR5.2.1)
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GB00BYX0MB92
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21334730
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1.845000
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Sub Total 8.A
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21334730
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1.845000%
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8B1. Financial Instruments according to (DTR5.3.1R.(1)
(a))
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Type
of financial instrument
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Expiration date
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Exercise/conversion period
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Number of voting rights that may be acquired if the instrument
is exercised/converted
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% of
voting rights
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CFD/Spreadbet
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670000
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0.057900
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Sub Total 8.B1
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670000
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0.057900%
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8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
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Type
of financial instrument
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Expiration date
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Exercise/conversion period
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Physical or cash settlement
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Number of voting rights
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% of
voting rights
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Sub Total 8.B2
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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.
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Ultimate controlling person
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Name
of controlled undertaking
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% of
voting rights if it equals or is higher than the notifiable
threshold
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% of
voting rights through financial instruments if it equals or is
higher than the notifiable threshold
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Total of both if it equals or is higher than the notifiable
threshold
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10.
In case of proxy voting
The
number and % of voting rights held
The
date until which the voting rights will be held
11.
Additional Information