United Oil
& Gas PLC / Index: AIM / Epic: UOG / Sector: Oil &
Gas
6 February 2025
United
Oil & Gas plc
("United"
or "the Company")
Further
re Issue of Equity and TVR
Further to the "Final Settlement of Legacy
Liability and TVR" RNS published on 27th January 2025,
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 confirms that application has been made to the
London Stock Exchange for the 59,523,810 new ordinary shares of
£0.00001 each (the "Settlement Shares"), which when issued will
rank pari passu with the
existing ordinary shares in issue, to be admitted to trading on AIM
(the "Admission"). It is expected that Admission will become
effective and that trading in the Settlement Shares will commence
at 8.00 a.m. on 11 February 2025.
Following the issue and allotment of the
Settlement Shares, the Company's total issued share capital will
consist of 1,915,877,779 ordinary shares with voting rights. The
Company does not hold any ordinary shares in treasury.
Accordingly, as from Admission the total number
of voting rights in the Company will be 1,915,877,779 and this
figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in the Company under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.
**ENDS**
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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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Shard Capital Limited (Joint
Broker)
Damon Heath | Isabella
Pierre
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+44 (0) 207 186 9900
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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
