Extension of Warrant Expiry Date
Summary by AI BETAClose X
23 December 2025
United Oil & Gas plc
("United" or the "Company")
Extension of Warrant Expiry Dates
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 agreed to extend the expiry dates of two existing sets of warrants currently in issue.
Details of the warrant extensions are as follows:
a) Approximately 166,666,667 warrants with an exercise price of £0.0028 per ordinary share, originally issued on 20 March 2024 and due to expire on 31 December 2025, will now expire on 24 April 2026.
b) Approximately 320,000,000 warrants with an exercise price of £0.0015 per ordinary share, originally issued on 9 January 2025 and due to expire on 31 December 2025, will now expire on 24 April 2026.
All other terms of the warrants remain unchanged.
The extensions are intended to ensure that the warrants remain aligned with the Company's anticipated near-term operational milestones, including the upcoming piston coring survey offshore Jamaica, where results are expected in early Q1 2026.
The Company expects to provide a further update once the survey vessel mobilises for United's programme.
**ENDS**
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Enquiries |
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United Oil & Gas Plc (Company) |
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Brian Larkin, CEO |
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Beaumont Cornish Limited (Nominated Adviser) |
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Roland Cornish | Felicity Geidt | Asia Szusciak |
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+44 (0) 20 7628 3396 |
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Tennyson Securities (Joint Broker) |
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Peter Krens
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+44 (0) 20 7186 9030
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Shard Capital Limited (Joint Broker) Damon Heath | Isabella Pierre |
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+44 (0) 207 186 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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