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United Oil & Gas Sees Change in Voting Rights Structure

Story Highlights
  • United Oil & Gas operates in the oil and gas industry, focusing on exploration and production.
  • Spreadex LTD’s voting rights in United Oil & Gas increased to 3.1887%, affecting shareholder influence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
United Oil & Gas Sees Change in Voting Rights Structure

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The latest announcement is out from United Oil & Gas Plc ( (GB:UOG) ).

United Oil & Gas PLC announced a change in the breakdown of voting rights due to an acquisition or disposal of financial instruments by Spreadex LTD, a regulated provider of spread betting and CFD trading. The total voting rights held by Spreadex increased to 3.1887%, indicating a significant shift in shareholder influence, which may impact the company’s governance and strategic decisions.

More about United Oil & Gas Plc

United Oil & Gas PLC is a UK-based company operating in the oil and gas industry. The company is involved in the exploration and production of oil and gas resources, focusing on maximizing value from its assets across various regions.

Average Trading Volume: 81,275,130

Technical Sentiment Signal: Hold

Current Market Cap: £4.42M

See more insights into UOG stock on TipRanks’ Stock Analysis page.

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