Blocklisting update, PDMR dealings and TVR

United Oil & Gas PLC

29 April 2026

 

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

29 April 2026

United Oil & Gas PLC

("United" or "the Company")

Blocklisting Update, PDMR Dealings and TVR

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, provides the following update in accordance with Schedule Six of the AIM Rules for Companies regarding its existing block listing arrangements.

Name of company	United Oil & Gas PLC
Name of scheme	April 26 Warrants
Period of return (from/ to)	26 February 2026 to 24 April 2026
Number and Class of Securities not issued at the start of the period under the scheme	330,000,000 Ordinary Shares of £0.00001 each ("Ordinary Shares")
Number of securities issued under the scheme during the period	320,166,666 Ordinary Shares
Balance under the scheme of securities not yet issued at the end of the period	N/A - the scheme expired on 24 April 2026*
Number and class of securities originally admitted and the date of admission	619,153,969 on 28 February 2020

*It should be noted that there was a typographical error in the Blocklisting Application announcement published on 20 February 2026 The expiry date of the April 26 Warrants is 24 April 2026 (not 23 April 2026 as stated).

The blocklisting scheme covered warrants issued in January 2025 and March 2024, with exercise prices of 0.15p and 0.28p per Ordinary Share respectively, all of which expired on 24 April 2026 and thus are no longer exercisable. Prior to expiry, the Company received valid notices to exercise:

·      316,000,000 at 0.15p warrants, resulting in the issue of 316,000,000 new ordinary shares and gross proceeds of £474,000; and

·      4,166,666 0.28p warrants, resulting in the issue of 4,166,666 new ordinary shares and gross proceeds of £11,667.

In aggregate, the Company has issued 320,166,666 new Ordinary Shares pursuant to warrant exercises under its blocklisting raising total gross proceeds of approximately £485,667.

Director dealings

Iman Hill, the Non-Executive Director of United, exercised 833,333 of her £0.0028 warrants on Friday 24 April 2026. Following, the exercise of the warrants, Iman Hill's shareholding in the Company is 3,333,333 Ordinary Shares representing 0.076% of the Company's issued share capital.

Total Voting Rights

Following the warrant exercises under the blocklisting scheme, the Company's issued share capital now comprises 4,386,021,868 ordinary shares with voting rights. Therefore, the total number of voting rights in the Company is 4,386,021,868. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

**ENDS**

Enquiries
United Oil & Gas PLC (Company)
Brian Larkin, CEO		[e-mail]
Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish | Felicity Geidt | Asia Szusciak		[phone]
Tennyson Securities (Joint Broker)
Peter Krens		[phone]
Shard Capital Limited (Joint Broker) Damon Heath | Isabella Pierre		[phone]

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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