Upland Resources : New Dealing Codes for Shares following Corporate Migration to Jersey

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

This announcement is not an offer for sale, or a solicitation of an offer to acquire, securities in any jurisdiction, including in or into the United States, Canada, Australia, or Japan. Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever.

The Board of Upland announces that further to its announcement earlier today of its corporate migration to Jersey (by way of a continuation out of the British Virgin Islands) (the 'Migration'), the new ISIN and SEDOL dealing codes of the ordinary shares of no par value in the Company (the 'Shares'), relating to the new Jersey-incorporation status of the Company, are as follows:-

ISIN:	JE00BJXN4P16
SEDOL:	BJXN4P1

The Ticker/TIDM code of the Company (UPL) remains unchanged as a result of the Migration.

The ISIN and SEDOL dealing codes of the Shares relating to the previous BVI-incorporation status of the Company, were as follows:-

ISIN:	VGG7552A1075
SEDOL:	BYZFL59

and were disabled at 6.00 pm on 15 August 2019.

Applications are being made to the Financial Conduct Authority (the 'FCA') for the listing of the Shares on the standard listing segment of the Official List maintained by the FCA and to the London Stock Exchange for trading in the Shares on the London Stock Exchange's main market for listed securities (the 'LSE's Main Market') to be amended in each case for their new ISIN and SEDOL dealing codes. It is anticipated that the listing of the Shares on the Official List of the FCA will be amended for their new ISIN and SEDOL dealing codes as from 8.00 a.m. on Monday, 18 August 2019 and that trading in the Shares with their new ISIN and SEDOL dealing codes on the LSE's Main Market will also take effect from 8.00 a.m. on Monday, 18 August 2019.

Notes

Upland is an upstream oil & gas company whose highly experienced management team has a track record of creating major value for shareholders in junior oil & gas companies, including Cove Energy plc. The Company has extensive technical and commercial skills and contacts, management having held senior roles in Petronas, Conoco, Shell etc.