15 January, 2010 - US Oil and Gas plc - Holding(s) in Company
15 January 2010
U.S. Oil and Gas plc("USOIL", the "Company" or the "Group")Holding(s) in Company
The Company today received notification that SVS Securities plc (“SVS”) disposed of 1,693,232 ordinary shares of €0.0001 each in the Company (“Ordinary Shares”) on 14 January 2010. Consequently, SVS now holds 69,929 Ordinary Shares with one voting right each and therefore ceases to have a substantial shareholding. SVS’ interest relates to a legal and beneficial holding.
THE DIRECTORS OF THE ISSUER ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT.
Broker SVS Securities Plc Ian Callaway / Alexander Mattey 020 7638 5600
U.S. Oil and Gas plc Brian McDonnell T/P: +353 (0) 87-2383419
Notes to Editors: U.S. Oil and Gas Plc is an independent oil and gas exploration group, which is quoted on PLUS-quoted in London. The Group holds exploration acreage in Nevada, USA.