TIDMAET

RNS Number : 4918W

Afentra PLC

18 August 2022

18 August 2022

AFENTRA PLC

DIRECTOR / PDMR DEALINGS

Afentra plc ('Afentra' or the 'Company'), the upstream oil and gas Company listed on the AIM market of the London Stock Exchange, announces that it was notified on 17 August 2022 that Ian Cloke and Elizabeth Bingham, a person closely associated with him, have together purchased a total of 143,277 ordinary shares of GBP0.10 each in the Company ("Ordinary Shares"), comprising 48,110 Ordinary Shares at a price of 26.885 pence per share, 49,610 Ordinary Shares at a price of 26.20 pence per share and 45,557 Ordinary Shares at a price of 28.593 pence per share.

As a result the total shareholding in the Company of Ian Cloke and persons closely associated with him comprises 2,063,832 Ordinary Shares, representing approximately 0.94% of the Company's issued share capital.

 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a.    Name                                  Ian Cloke 
      ------------------------------------  ------------------------------ 
 2.    Reason for the notification 
      -------------------------------------------------------------------- 
 a.    Position/status                       Chief Operating Officer 
      ------------------------------------  ------------------------------ 
 b.    Initial notification/Amendment        Initial Notification 
      ------------------------------------  ------------------------------ 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------- 
 a.    Name                                  Afentra plc 
      ------------------------------------  ------------------------------ 
 b.    LEI                                   21380028BFDFJK8BRX92 
      ------------------------------------  ------------------------------ 
 4.    Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
      -------------------------------------------------------------------- 
 a.    Description of the Financial          Ordinary shares of GBP0.10 
        instrument, type                      per share par value 
        of instrument                         GB00B4X3Q493 
        Identification code 
      ------------------------------------  ------------------------------ 
 b.    Nature of the transaction             Acquisition of Ordinary 
                                              Shares 
      ------------------------------------  ------------------------------ 
 c.    Price(s) and volume(s)                 Price(s)   Volume(s) 
                                               26.885p    37,000 
                                                         ---------- 
      ------------------------------------  ------------------------------ 
 d.         Aggregated information 
         *    Aggregated volume               37,000 
                                               26.885p 
 
         *    Price 
 -----------------------------------------  ------------------------------ 
 e.    Date of the transaction               16 August 2022 
      ------------------------------------  ------------------------------ 
 f.    Place of the transaction              XLON 
      ------------------------------------  ------------------------------ 
 
 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a.    Name                                 Elizabeth Bingham 
      -----------------------------------  ------------------------------- 
 2.    Reason for the notification 
      -------------------------------------------------------------------- 
 a.    Position/status                      Person Closely Associated 
                                             with Ian Cloke (PDMR) 
      -----------------------------------  ------------------------------- 
 b.    Initial notification/Amendment       Initial Notification 
      -----------------------------------  ------------------------------- 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------- 
 a.    Name                                 Afentra plc 
      -----------------------------------  ------------------------------- 
 b.    LEI                                  21380028BFDFJK8BRX92 
      -----------------------------------  ------------------------------- 
 4.    Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
      -------------------------------------------------------------------- 
 a.    Description of the Financial         Ordinary shares of GBP0.10 
        instrument, type                     per share par value 
        of instrument                        GB00B4X3Q493 
        Identification code 
      -----------------------------------  ------------------------------- 
 b.    Nature of the transaction            Acquisition of Ordinary 
                                             Shares 
      -----------------------------------  ------------------------------- 
 c.    Price(s) and volume(s)                Price(s)         Volume(s) 
                                              i) 26.885p       11,110 
                                               ii) 26.200p      49,610 
                                               iii) 28.593p     45,557 
                                                              ---------- 
      -----------------------------------  ------------------------------- 
 d.         Aggregated information 
         *    Aggregated volume              106,277 
                                              27.297p 
 
         *    Price 
 ----------------------------------------  ------------------------------- 
 e.    Date of the transaction              i) 16 August 2022 
                                             ii,iii) 17 August 2022 
      -----------------------------------  ------------------------------- 
 f.    Place of the transaction             XLON 
      -----------------------------------  ------------------------------- 
 

For further information, contact

 
 Afentra plc 
  +44 (0)20 7405 4133 
  Paul McDade, CEO 
  Anastasia Deulina, CFO 
 
   Buchanan (Financial PR) 
   +44 (0)20 7466 5000 
   Ben Romney 
   Jon Krinks 
 
 Peel Hunt LLP (Nominated Advisor and Joint Broker) 
  +44 (0)20 7418 8900 
  Richard Crichton 
  Paul Gillam 
  David McKeown 
 
 Tennyson Securities (Joint Broker) 
  +44 (0)20 7186 9033 
  Peter Krens 
 
  About Afentra 
  Afentra plc (AIM:AET) is an upstream oil and gas company focused 
  on opportunities in Africa. The Company's purpose is to support 
  a responsible energy transition in Africa by establishing 
  itself as a credible partner for divesting IOCs and Host Governments. 
  Afentra has a current carried interest in the Odewayne Block 
  onshore southwestern Somaliland. 
 

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