United Oil & Gas PLC Holding(s) in Company (7053R)

TIDMUOG TIDMGUN

RNS Number : 7053R

United Oil & Gas PLC

25 September 2017

For immediate release 25 September 2017

United Oil and Gas Plc

("UOG" or the "Company")

Holdings in Company

The Board of UOG announces that the Company has received the following TR-1 notification which is set out below without amendment.

For more information please visit the Company's website at www.uogplc.com or contact:

 
 United Oil & Gas Plc (Company) 
=====================================  ================================ 
 Brian Larkin                           [e-mail] 
=====================================  ================================ 
 Optiva Securities Limited (Broker) 
=====================================  ================================ 
                                        [phone] 
 Christian Dennis                        1902 
=====================================  ================================ 
 Beaumont Cornish Limited (Financial 
  Adviser) 
=====================================  ================================ 
 Roland Cornish and Felicity            [phone] 
  Geidt                                  3396 
=====================================  ================================ 
 Murray (PR Advisor)                     [phone] 
=====================================  ================================ 
 Joe Heron                              [e-mail] 
=====================================  ================================ 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                  United Oil & Gas Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  ---------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
----------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                            x 
------------------------------------------------------------  --------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------  --------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  --------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  --------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    --------------------- 
 3. Full name of person(s)                                              Gunsynd Plc 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------- 
 5. Date of the transaction                                          21st Sept 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------- 
 6. Date on which issuer                                           22(nd) Sept 2017 
  notified: 
-----------------------------------------------------------  ---------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                             3% 
-----------------------------------------------------------  ---------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type   Situation previous                  Resulting situation after the 
 of            to the triggering                   triggering transaction 
 shares        transaction 
 
 if 
 possible 
 using 
 the ISIN 
 CODE 
-----------  ----------------------------------  --------------------------------------------------------------------- 
              Number            Number            Number          Number of                   % of voting 
               of                of                of shares       voting                      rights (x) 
               Shares            Voting                            rights 
                                 Rights 
-----------  ----------------  ----------------  --------------  --------------------------  ------------------------- 
                                                  Direct          Direct        Indirect      Direct        Indirect 
                                                                   (xi)          (xii) 
-----------      ------------    ------------    --------------  ------------  ------------  ------------  ----------- 
 
              5,200,000         5,200,000         6,058,599       6,058,599                   3.01% 
-----------  ----------------  ----------------  --------------  ------------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Expiration      Exercise/                         Number of voting              % of voting 
 financial         date            Conversion                        rights that                   rights 
 instrument        (xiii)          Period (xiv)                      may be 
                                                                     acquired if 
                                                                     the 
                                                                     instrument 
                                                                     is 
                                                                     exercised/ 
                                                                     converted. 
---------------  --------------  --------------------------------  ----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise        Expiration      Exercise/         Number of voting              % of voting 
 financial       price          date            Conversion         rights instrument             rights (xix, 
 instrument                     (xvii)          period             refers to                     xx) 
                                                (xviii) 
-------------  --------------  --------------  ----------------  ----------------------------  ----------------------- 
                                                                                                Nominal       Delta 
-------------  --------------  --------------  ----------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 6,058,599                                          3.01% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
----------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  -------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  -------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  -------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  -------------- 
 14. Contact name:                                              Hamish Harris 
-------------------------------------------------------------  -------------- 
 15. Contact telephone number:                                  0207 440 0640 
-------------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 25, 2017 06:00 ET (10:00 GMT)