Uk Oil & Gas Share Discussion Threads

[bionicdog] 29/5/2021 18:31

Lack of wondering.

[bionicdog] 29/5/2021 16:54

Lack of wondering.

[hans christian andersen] 29/5/2021 10:38

I wonder why SS paid off PWT when he did? Was it to put another 1/4m shares into the pot to make life harder for Rodders? /S

[66778899] 28/5/2021 17:38

5 to 10 percent of net salary
Let's talk bonuses

[iammrweald] 28/5/2021 16:38

Shucks,with that great booster of an rns....we have yet another red week.. running out of cards springs to mind. Anyone know of a good estate agent?! he he

[hans christian andersen] 28/5/2021 16:30

Interims should be good for a laugh next month.

[johncasey] 28/5/2021 16:27

5m buy just gone thru

[cyan] 28/5/2021 16:26

"the first DDSPP purchase is expected to occur on Friday July 2(nd) , 2021"

Sanderson is not stupid; not going to be buying until after the resolutions and what follows...

[stockriser] 28/5/2021 16:10

Upon commitment to the DDSPP, which is expected to occur in the open
period following the publication of UKOG's interim results, due on or before
June 30(th) , 2021, the director will purchase shares from the market on
the first Friday of each month for a period of 12 months. Consequently, the
first DDSPP purchase is expected to occur on Friday July 2(nd) , 2021 and the
final purchase on Friday June 3(rd) , 2022.



Upon entering into the DDSPP in an open period the director will be committed to
make the monthly purchase of shares under the programme in what otherwise may be
a close period. Entering into the DDSPP will not preclude the director
from buying additional shares in the Company during open periods.

[johncasey] 28/5/2021 16:04

must be confident turkey will be transformational

[johncasey] 28/5/2021 16:03

stevie boy buying at last

UK Oil & Gas PLC Defined Director Share Purchase Programme
28/05/2021 3:00pm
UK Regulatory (RNS & others)

Uk Oil & Gas (LSE:UKOG)
Intraday Stock Chart

Friday 28 May 2021

Click Here for more Uk Oil & Gas Charts.
TIDMUKOG

RNS Number : 2491A

UK Oil & Gas PLC

28 May 2021

UK Oil & Gas PLC

("UKOG" or the "Company")

Defined Director Share Purchase Programme

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the Company has committed to put in place an annual MAR compliant Defined Director Share Purchase Programme ("DDSPP") in which a director commits to purchase UKOG ordinary shares each month equivalent in value to a fixed percentage of their net monthly salary. In line with other such schemes, the director's commitment is envisaged to be in the range of 5-10% of net salary, dependent upon individual circumstance.

Upon commitment to the DDSPP, which is expected to occur in the open period following the publication of UKOG's interim results, due on or before June 30(th) , 2021, the director will purchase shares from the market on the first Friday of each month for a period of 12 months. Consequently, the first DDSPP purchase is expected to occur on Friday July 2(nd) , 2021 and the final purchase on Friday June 3(rd) , 2022.

Upon entering into the DDSPP in an open period the director will be committed to make the monthly purchase of shares under the programme in what otherwise may be a close period. Entering into the DDSPP will not preclude the director from buying additional shares in the Company during open periods. The director will be able to enter a new DDSPP upon completion of an existing programme.

The market will be notified of the share purchases under the DDSPP on the next trading day via a PDMR: Director's dealing notification. Further details will be issued in due course

[cyan] 28/5/2021 15:55

I have to agree with bionicdog; it has to be B

Logic dictates that, because there was no reason they could not have announced such a share purchase plan just after announcing the RESAN deal.

No; share holder activism has them running scared; yet; the commitments are not that great; its more symbolic imo

[terminator101] 28/5/2021 15:52

100% BIts the only way they can get the placing away

[idriveajag] 28/5/2021 15:51

Need to correct myself. Looks like "the director will purchase shares from the market", means they will be buying in the open market and at the prevailing price.

[idriveajag] 28/5/2021 15:42

No mention of the price terms or a minimum lock in period for the Director share purchase scheme.

[bionicdog] 28/5/2021 15:38

Ill go for B.

[cyan] 28/5/2021 15:34

Funny how after all these years when such a share purchase arrangement COULD have been in place; Sanderson now decides its the right thing for directors to partake in.

I wonder what could have persuaded Sanderson that NOW would be a good time to buy shares;

Is it A. Directors are expecting spectacular Turkish results

or is it B, Shareholder activism threatening the directors jobs?

ummmmmm

[hans christian andersen] 28/5/2021 15:13

Putting hand in pocket may have saved them. Only 4 Directors. Notice the 2 management posts have not been sighted by the snipers which is probably why they are not included. Only 2 reds!!!

[cyan] 28/5/2021 15:11

"UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce.."

I bet they are.

"the director's commitment is envisaged to be in the range of 5-10% of net salary, dependent upon individual circumstance."

"for 12 months"

A Pathetic show , and, with a get out clause

[bionicdog] 28/5/2021 15:06

Hilarious. Too little too late to save them IMO.