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UKOG Uk Oil & Gas Plc

0.0285
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Uk Oil & Gas Plc LSE:UKOG London Ordinary Share GB00BS3D4G58 ORD GBP0.000001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0285 0.027 0.03 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 1.78M -4.87M -0.0015 -0.20 976.2k

UK Oil & Gas PLC Holding(s) in Company (2657J)

08/04/2020 4:02pm

UK Regulatory


TIDMUKOG

RNS Number : 2657J

UK Oil & Gas PLC

08 April 2020

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                      UK Oil & Gas PLC ("UKOG") 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                            ------------------------------------------------ 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                        ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                              X 
                                                                                                        ---- 
 An acquisition or disposal of financial instruments 
                                                                                                        ---- 
 An event changing the breakdown of voting rights 
                                                                                                        ---- 
 Other (please specify)(iii) : 
                                                                                                        ---- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                        Tellurian Investments LLC 
 City and country of registered office                       Dover, Delaware, USA 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name 
                                                            ------------------------------------------------ 
 City and country of registered office 
  (if applicable) 
                                                            ------------------------------------------------ 
 5. Date on which the threshold was                          March 31, 2020 notification but above 
  crossed or reached (vi) :                                   threshold prior to such date as provided 
                                                              in previous TR-1. 
                                                            ------------------------------------------------ 
 6. Date on which issuer notified (DD/MM/YYYY):              April 6, 2020 
                                                            ------------------------------------------------ 
 7. Total positions of person(s) subject to the notification obligation 
                             % of voting        % of voting rights      Total of both    Total number 
                           rights attached       through financial       in % (8.A +      of voting rights 
                           to shares (total         instruments              8.B)         of issuer (vii) 
                               of 8. A)            (total of 8.B 
                                                    1 + 8.B 2) 
                         ------------------  -----------------------  ----------------  -------------------- 
 Resulting situation      Approximately                                                  514,102,129 
  on the date              6.61%                                                          shares 
  on which threshold 
  was crossed 
  or reached 
                         ------------------  -----------------------  ----------------  -------------------- 
 Position of              See Section 
  previous notification    11 - Additional 
  (if                      Information 
  applicable)              below. 
                         ------------------  -----------------------  ----------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights                             % of voting rights 
  shares             (ix) 
  ISIN code (if 
  possible) 
                           Direct                   Indirect                     Direct                  Indirect 
                     (Art 9 of Directive       (Art 10 of Directive        (Art 9 of Directive     (Art 10 of Directive 
                         2004/109/EC)              2004/109/EC)           2004/109/EC) (DTR5.1)        2004/109/EC) 
                           (DTR5.1)                 (DTR5.2.1)                                          (DTR5.2.1) 
                                           -------------------------- 
 Ordinary Shares    514,050,129                                         Approximately 
 listed on AIM.                                                          6.61% 
 ISIN: 
 GB00B9MRZS43 
                   ----------------------  --------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                         514,050,129                                           6.61% 
                   --------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                       Number of voting                  % of voting 
  financial          date         Conversion Period               rights that may                   rights 
  instrument         (x)          (xi)                            be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   -----------  ------------------------------  --------------------------------  --------------------- 
 N/A 
                   -----------  ------------------------------  --------------------------------  --------------------- 
 
 
                                 SUBTOTAL 8. B 1 
                                ------------------------------  --------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of       Expiration        Exercise/             Physical or           Number of             % of voting 
  financial     date (x)          Conversion            cash                  voting rights         rights 
  instrument                      Period (xi)           settlement 
                                                        (xii) 
              ----------------  --------------------  --------------------  -------------------- 
 N/A 
                   -----------  --------------------  --------------------  -------------------- 
 
 
                                                       SUBTOTAL 8.B.2 
                                                      --------------------  -------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 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) 
 Full chain of controlled undertakings through which the voting rights                          X 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (xiv) (please add additional 
  rows as necessary) 
        Name (xv)            % of voting rights      % of voting rights       Total of both if 
                               if it equals or        through financial        it equals or is 
                              is higher than the      instruments if it        higher than the 
                             notifiable threshold    equals or is higher     notifiable threshold 
                                                     than the notifiable 
                                                          threshold 
                           ----------------------  ---------------------  ------------------------ 
 Tellurian Inc. (Ultimate   Approximately 6.61%                            Approximately 6.61% 
  Parent of Tellurian 
  Investments LLC. 
  Tellurian Investments 
  LLC holds 100% of 
  the direct interest) 
                           ----------------------  ---------------------  ------------------------ 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                           N/A 
                                                   ----------------------------------------------- 
 The number and % of voting rights 
  held 
                                                   ----------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                                   ----------------------------------------------- 
 
 11. Additional information (xvi) 
 - Pursuant to the SPA between UKOG and Tellurian Investments LLC, dated 
  10 September 2019, Tellurian Investments LLC is allotted the final tranche 
  of UKOG consideration shares on 31 March 2020 valued at GBP1,000,000. 
  This present TR-1 notification relates to this allotment. 
 
   *    On 31 March 2020, prior to allotement of the final 
        tranche of UKOG consideration shares as described 
        herein, Tellurian Investments LLC held 258,948,088 
        shares of UKOG representing at that time 
        approximately 3.44% of the total shares outstanding 
        of UKOG listed on AIM. After the allotment of the 
        final tranche of UKOG consideration shares on 31 
        March 2020, Tellurian Investments LLC holds a total 
        of 514,050,129 ordinary shares representing 
        approximately 6.61% of the total shares outstanding 
        and voting rights of UKOG. 
 
 
 
 Place of completion   London, UK 
 Date of completion    March 31, 2020 
                      --------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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April 08, 2020 11:02 ET (15:02 GMT)

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