Angus Energy PLC Exercise of Options, PDMR Notification and TVR (0059M)
25 July 2017 - 6:41PM
UK Regulatory
TIDMANGS TIDMANGB
RNS Number : 0059M
Angus Energy PLC
25 July 2017
25 July 2017
Angus Energy plc
("Angus Energy" or the "Company")
Exercise of Options, Issue of Equity and PDMR Notification
and TVR
Angus Energy plc. (AIM: ANGS) announces that it has issued and
allotted a total of 4,379,725 ordinary shares of GBP0.002 each in
the Company at the price of GBP0.06 pursuant to the exercised of
options by certain employees and consultants. These options were
previously granted to employees under the Enterprise Management
Incentive Scheme and to consultants under the NED and Consultant
Share Option Scheme.
Carlos Fernandes (CFO) who is considered to be a person
discharging managerial responsibilities (PDMR), has exercised
options over 2,149,803 ordinary shares. Options over 629,961
ordinary shares have been exercised by other members of staff and
options over 1,599,961 ordinary shares have been exercised by
certain consultants of the Company.
Pursuant to the exercise of the options, an application has been
made to the London Stock Exchange for a total of 4,379,725 new
ordinary shares to be admitted to trading on AIM ("Admission"). It
is expected that Admission will become effective on or around 1
August 2017.
Following Admission, the Company will have 240,458,497ordinary
shares in issue admitted to trading on AIM.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1 Details of the person discharging
managerial responsibilities
/ person closely associated
--- ------------------------------------------------------
a) Name Carlos Fernandes
--- ------------------------------- ---------------------
2 Reason for the notification
--- ------------------------------------------------------
a) Position/status PDMR
--- ------------------------------- ---------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- ---------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------
a) Name Angus Energy
Plc
--- ------------------------------- ---------------------
b) LEI 2138008K3RL6MQRQPD84
--- ------------------------------- ---------------------
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 Ordinary Shares
the financial of GBP0.002 each
instrument, type
of instrument ISIN: GB00BYWKC989
Identification
code
--- ------------------------------- ---------------------
b) Nature of the Exercise of options
transaction
--- ------------------------------- ---------------------
c) Price(s) and Price No. of
volume(s) shares
GBP0.06 2,149,803
--- ------------------------------- ---------------------
d) Aggregated information Volume: 2,149,803
Weighted average
- Aggregated price: GBP0.06
volume
- Price
--- ------------------------------- ---------------------
e) Date of the transaction 25 July 2017
--- ------------------------------- ---------------------
f) Place of the Outside a trading
transaction venue
--- ------------------------------- ---------------------
Total Voting Rights
Following the issue of the new Ordinary Shares, the total number
of Ordinary Shares in issue with voting rights is 240,458,497. This
figure may be used by shareholders in the Company as the
denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change of
interest in, the share capital of the Company under the Financial
Conduct Authority's Disclosure and Transparency Rules.
END.
Enquiries:
Angus Energy Plc
----------------------------- --------------------------
Jonathan Tidswell-Pretorius Tel: +44 (0) 208 899 6380
/ Paul Vonk
----------------------------- --------------------------
Beaumont Cornish (NOMAD)
----------------------------- --------------------------
James Biddle/ Roland Cornish Tel: +44 (0) 207 628 3396
----------------------------- --------------------------
www.beaumontcornish.com
----------------------------- --------------------------
Optiva Securities Limited
(BROKER)
----------------------------- --------------------------
Jeremy King/ Ed McDermott Tel: +44 (0) 203 137 1902
----------------------------- --------------------------
Abchurch
----------------------------- --------------------------
Tim Thompson Tel: +44 (0) 20 7398 7700
----------------------------- --------------------------
About Angus Energy plc.
Angus Energy plc. is an AIM quoted independent onshore oil and
gas development company focused on leveraging its expertise to
advance its portfolio of UK assets as well as acquire, manage and
monetise select projects. Angus Energy owns the majority interest
and operates conventional oil production fields in Brockham (PL
235) and Lidsey (PL 241).
Full details on the PL 235 and PL 241 licences are set out in
the Company's AIM Admission document dated 12 November 2016.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCOKPDNFBKKCOB
(END) Dow Jones Newswires
July 25, 2017 04:41 ET (08:41 GMT)
Angus Energy (LSE:ANGS)
Historical Stock Chart
From Apr 2024 to May 2024
Angus Energy (LSE:ANGS)
Historical Stock Chart
From May 2023 to May 2024