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.
For further information please refer to our website at: www.usoil.us and press room at: www.usoil.us/press-room