Director/PDMR Share Dealings
Upland Resources Limited announced that its Chairman, Bolhassan Di, purchased 1,000,000 ordinary shares, Non-Executive Director Professor Andrew Hurst bought 603,030 shares, Non-Executive Director Dr. Razak Damit acquired 300,000 shares, Chief Operating Officer Gerard Murray purchased 302,142 shares, and Head of Drilling Services Josh Galloway bought 299,401 shares. The company also confirmed the initiation of the Lost Soldier share subscription, which will result in 100,000,000 new ordinary shares being admitted to trading on or around the first week of December, bringing the total number of shares in issue to 1,611,958,048.
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(In accordance with Article 19 of the UK Market Abuse Regulation)
Upland Resources Limited
("Upland" or the "Company")
Director and Management Share Dealings and Total Voting Rights
Upland Resources Limited (LSE: UPL) announces that it has been notified of the following purchases of ordinary shares of no par value in the Company by Directors and senior management and Total Voting Rights
Share Purchases
- Bolhassan Di, Chairman - 1,000,000 ordinary shares
- Professor Andrew Hurst, Non-Executive Director - 603,030 ordinary shares
- Dr. Razak Damit, Non-Executive Director - 300,000 ordinary shares
- Gerard Murray, Chief Operating Officer - 302,142 ordinary shares
- Josh Galloway, Head of Drilling Services - 299,401 ordinary shares
Lost Soldier Share Subscription Initiated
The Company also confirms that the Lost Soldier share subscription has now been initiated, with the new shares being admitted to trading on or around 1st week of December.
Following this issue of shares, the Company's total number of Ordinary Shares in issue will be 1,611,958,048. This figure may be used by shareholders as the denominator for the calculation to determine if they are required to notify the Company of their interest in, or a change to their interest in, the Company's securities in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules. Applications will be made to the Financial Conduct Authority and to the London Stock Exchange for 100,000,000 new Ordinary Shares to be admitted to listing on the Official List (standard listing segment) and to trading on the London Stock Exchange's main market for listed securities. It is expected that Admission will become effective at 8am on 5 December 2025
This figure may be used by shareholders as the denominator for calculations to determine whether they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name of natural person / Legal person | Datuk Bolhassan Di |
| 2. | Reason for the Notification | |
| a) | Position/status | Chairman and CEO |
| b) | Initial notification/amendment | Initial Notification |
| a) | Full name of the entity | Upland Resources Limited |
| b) | LEI code | 213800MRG7ISJEK8YA38 |
| a) | Description of the Financial instrument, type of instrument | ordinary shares of no par value |
| Identification code | JE00BJXN4P16 | |
| b) | Nature of the Transaction | Purchase of ordinary shares |
| c) | Currency | GBP |
| d) | Price(s) and volume(s) | Price(s) Volume(s) 1. 2.92p 300,000 2. 3.30p 300,000 3. 3.30p 400,000 |
| e) | Aggregated information Aggregated volume Price | 3.17 p 1,000,000 |
| f) | Date of the transaction | 24-27 November 2025 |
| g) | Place of the transaction | London Stock Exchange |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name of natural person / Legal person | Andrew Hurst |
| 2. | Reason for the Notification | |
| a) | Position/status | Director |
| b) | Initial notification/amendment | Initial Notification |
| a) | Full name of the entity | Upland Resources Limited |
| b) | LEI code | 213800MRG7ISJEK8YA38 |
| a) | Description of the Financial instrument, type of instrument | ordinary shares of no par value |
| Identification code | JE00BJXN4P16 | |
| b) | Nature of the Transaction | Purchase of ordinary shares |
| c) | Currency | GBP |
| d) | Price(s) and volume(s) | Price(s) Volume(s) 1. 3.28 303,030 2. 3.3p 100,000 3. 3.35p 100,000 4. 3.35p 100,000 |
| e) | Aggregated information Aggregated volume Price | 3.31p 603,030 |
| f) | Date of the transaction | 26-27 November 2025 |
| g) | Place of the transaction | London Stock Exchange |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name of natural person / Legal person | Dr Razak Damit |
| 2. | Reason for the Notification | |
| a) | Position/status | Director |
| b) | Initial notification/amendment | Initial Notification |
| a) | Full name of the entity | Upland Resources Limited |
| b) | LEI code | 213800MRG7ISJEK8YA38 |
| a) | Description of the Financial instrument, type of instrument | ordinary shares of no par value |
| Identification code | JE00BJXN4P16 | |
| b) | Nature of the Transaction | Purchase of ordinary shares |
| c) | Currency | GBP |
| d) | Price(s) and volume(s) | Price(s) Volume(s) 1. 3.39p 300,000 |
| e) | Aggregated information Aggregated volume Price | 3.39p 300,000 |
| f) | Date of the transaction | 27 November 2025 |
| g) | Place of the transaction | London Stock Exchange |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name of natural person / Legal person | Gerard Murray |
| 2. | Reason for the Notification | |
| a) | Position/status | Chief Operating Officer |
| b) | Initial notification/amendment | Initial Notification |
| a) | Full name of the entity | Upland Resources Limited |
| b) | LEI code | 213800MRG7ISJEK8YA38 |
| a) | Description of the Financial instrument, type of instrument | ordinary shares of no par value |
| Identification code | JE00BJXN4P16 | |
| b) | Nature of the Transaction | Purchase of ordinary shares |
| c) | Currency | GBP |
| d) | Price(s) and volume(s) | Price(s) Volume(s) 1. 3.25p 100,000 2. 3.33p 50,000 3. 3.5p 75,000 4. 3.5p 77,142 |
| e) | Aggregated information Aggregated volume Price | 3.31p 302,142 |
| f) | Date of the transaction | 26-27 November 2025 |
| g) | Place of the transaction | London Stock Exchange |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name of natural person / Legal person | Josh Galloway |
| 2. | Reason for the Notification | |
| a) | Position/status | Head of Drilling |
| b) | Initial notification/amendment | Initial Notification |
| a) | Full name of the entity | Upland Resources Limited |
| b) | LEI code | 213800MRG7ISJEK8YA38 |
| a) | Description of the Financial instrument, type of instrument | ordinary shares of no par value |
| Identification code | JE00BJXN4P16 | |
| b) | Nature of the Transaction | Purchase of ordinary shares |
| c) | Currency | GBP |
| d) | Price(s) and volume(s) | Price(s) Volume(s) 1. 3.33p 299,401 |
| e) | Aggregated information Aggregated volume Price | 3.33p 299,401 |
| f) | Date of the transaction | 27 November 2025 |
| g) | Place of the transaction | London Stock Exchange |
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