Blocklisting Application

Summary by AI ^BETAClose X

United Oil & Gas Plc has applied to the London Stock Exchange for a blocklisting of 330,000,000 ordinary shares to accommodate the exercise of warrants by a warrant holder. These warrants have an exercise price of £0.0015 per ordinary share and expire on April 23, 2026. The new shares, expected to be admitted around February 26, 2026, will rank equally with existing ordinary shares and will provide additional headroom for the issuance of shares upon warrant exercise.

Disclaimer*

United Oil & Gas PLC

20 February 2026

United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas

20 February 2026

United Oil & Gas plc

("United" or "the Company")

Blocklisting application

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 announces that it has made an application to the London Stock Exchange for a blocklisting of 330,000,000 ordinary shares in the capital of the Company. The Company has today received a notice from a warrant holder to exercise their warrants and the resultant ordinary shares will be incorporated into the block listing.

It is expected that admission will become effective on or around 26 February 2026. The New Blocklisting Shares will be used to provide additional headroom to satisfy the issue of shares pursuant to the exercise of warrants with an exercise price of £0.0015 per ordinary share, and with expiry date of 23 April 2026 (the "April 26 Warrants"). The New Blocklisting Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares.

**ENDS**

Enquiries
United Oil & Gas Plc (Company)
Brian Larkin, CEO		brian.larkin@uogplc.com

Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish \| Felicity Geidt \| Asia Szusciak		+44 (0) 20 7628 3396
Tennyson Securities (Joint Broker)
Peter Krens		+44 (0) 20 7186 9030


Shard Capital Limited (Joint Broker) Damon Heath \| Isabella Pierre		+44 (0) 20 7186 9900

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

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