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United Oil & Gas Plc Updates on Shareholder Structure

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United Oil & Gas Plc Updates on Shareholder Structure

United Oil & Gas Plc ( (GB:UOG) ) has provided an update.

United Oil & Gas Plc announced a significant update regarding its shareholder structure following a TR-1 notification. Shore Capital Stockbrokers Limited now holds 9.97% of voting rights, a decrease from the previous 12.19%, indicating a shift in the company’s shareholder composition. This adjustment could impact the company’s strategic decisions and influence on the market, potentially affecting its future operations and investor relations.

More about United Oil & Gas Plc

United Oil & Gas Plc operates in the oil and gas sector, focusing on high-impact exploration assets in Jamaica and development assets in the UK.

YTD Price Performance: -3.00%

Average Trading Volume: 46,446,792

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £2.15M

For a thorough assessment of UOG stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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