Business
Issue of options
Issue of options.
About this update from United Oil & Gas Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3799K\n United Oil & Gas PLC\n 04 January 2021\n \n \n \n \n United Oil & Gas Plc / Index: AIM / Epic: UOG / Sector: Oil & Gas\n \n \n United Oil & Gas Plc\n \n \n ('United' or 'the Company') \n \n \n Issue of Share Options\n \n \n Director/PDMR Shareholding\n \n \n \n \n \n 4 January 2021\n \n \n \n \n \n The Board of Directors of United Oil & Gas Plc, the AIM traded oil and gas exploration, the growing oil and gas company with a portfolio of production, development and exploration assets, has awarded the following options (the \"Share Options\") to Non-Executive Director, Tom Hickey :\n \n \n \n \n \n \n Director / PDMR\n \n \n \n \n Position\n \n \n \n \n Options Awarded \n \n \n \n \n Total Options Held\n \n \n \n \n \n \n Tom Hickey \n \n \n \n \n Non-Executive Director\n \n \n \n \n 1,342,282\n \n \n \n \n 1,342,282\n \n \n \n \n \n \n \n \n \n The Share Options relate to a contractual award on commencement of employment.\n \n \n The Share Options are awarded with the following terms and conditions:\n \n \n (a) \n an exercise price of 2.98 pence;\n \n \n (b) \n a vesting period of three years from the date of grant;\n \n \n (c) \n an expiry date of 3 January September 2031.\n \n \n The total options in issue post the award of Share Options outlined above will be 48,109,973 or 7.70% of the issued share capital of 625,153,969 shares. \n \n \n This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (MAR).\n \n \n **ENDS**\n \n \n \n \n \n \n United Oil & Gas Plc (Company)\n \n \n \n \n \n \n \n \n \n Brian Larkin, CEO\n \n \n \n \n [email protected]\n \n \n \n \n \n \n Beaumont Cornish Limited (Nominated Adviser)\n \n \n \n \n \n \n \n \n \n Roland Cornish and Felicity Geidt\n \n \n \n \n +44 (0) 20 7628 3396\n \n \n \n \n \n \n Optiva Securities Limited (Joint Broker)\n \n \n \n \n \n \n \n \n \n Christian Dennis\n \n \n \n \n +44 (0) 20 3137 1902\n \n \n \n \n \n \n Cenkos Securities Plc (Joint Broker)\n \n \n \n \n \n \n \n \n \n Joe Nally (Corporate Broking)\n \n \n Derrick Lee and Pete Lynch\n \n \n \n \n +44 (0) 20 7397 8900\n \n \n +44 (0) 131 220 6939\n \n \n \n \n \n \n Murray (PR Advisor)\n \n \n \n ...