TIDMAST

RNS Number : 4842V

Ascent Resources PLC

13 December 2021

13 December 2021

Ascent Resources plc

("Ascent" or the "Company")

Directors / PDMR Shareholdings

Ascent Resources Plc (LON: AST) the onshore Caribbean, Hispanic American and European energy and natural resources company, announces that the following share purchases were made today by Executive directors:

James Parsons, the Company's Executive Chairman, has purchased through his SIPP a total of 158,953 ordinary shares in the Company (80,108 ordinary shares at a price of 3.74p per share and 78,845 ordinary shares at a price of 3.7999p per share).

Following the acquisition Mr Parsons is now interested in 500,900 ordinary shares in the Company, representing 0.46 percent of the Company's issued ordinary share capital.

Andrew Dennan, the Company's Chief Executive Officer, has purchased a total of 240,000 ordinary shares in the Company (190,000 ordinary shares at a price of 3.749474p per share and 50,000 ordinary shares at a price of 3.8p per share).

Following the acquisition Mr Dennan is now interested in 2,140,000 ordinary shares in the Company, representing 1.96 percent of the Company's issued ordinary share capital

The notifications below, made in accordance with the requirements of the Market Absue regulations, provides further details.

Enquiries:

 
 Ascent Resources plc                      Via Vigo Communications 
  Andrew Dennan 
 WH Ireland, Nominated Adviser & Broker 
  James Joyce / Sarah Mather               0207 220 1666 
 Novum Securities, Joint Broker 
  John Belliss                             0207 399 9400 
 

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 
       Name                                   James Parsons 
      -------------------------------------  ------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------- 
 a)    Position/status 
                                                PDMR (Executive Chairman) 
      -------------------------------------  ------------------------------- 
 b)    Initial notification/Amendment         Initial Notification 
      -------------------------------------  ------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------- 
 a)    Name                                   Ascent Resources plc 
      -------------------------------------  ------------------------------- 
 b)    LEI                                    213800Q8R5GV7DLNEL37 
      -------------------------------------  ------------------------------- 
 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 GBP0.005 
        instrument, type of instrument         each 
      -------------------------------------  ------------------------------- 
       Identification code                    GB00BJVH7905 
      -------------------------------------  ------------------------------- 
 b)    Nature of the transaction              Purchase of ordinary shares 
      -------------------------------------  ------------------------------- 
 c)    Price(s) and volumes(s)                Price(s)       Volume(s) 
      -------------------------------------  -------------  ---------------- 
                                              GBP0.0374      80,108 
                                               GBP0.037999    78,845 
 ------------------------------------------  -------------  ---------------- 
 d)    Aggregated information 
      -------------------------------------  ------------------------------- 
  Aggregated volume                           158,953 
 ------------------------------------------  ------------------------------- 
  Price                                       Aggregate: GBP5,992,07 
                                               Average: 0.03769712p 
 ------------------------------------------  ------------------------------- 
 e)    Date of the transaction                13 December 2021 
      -------------------------------------  ------------------------------- 
 f)    Place of the transaction               AIMX 
      -------------------------------------  ------------------------------- 
 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Andrew Dennan 
      -------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------- 
 a)    Position/status 
                                                PDMR (Chief Executive Officer) 
      -------------------------------------  ----------------------------------- 
 b)    Initial notification/Amendment         Initial Notification 
      -------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------- 
 a)    Name                                   Ascent Resources plc 
      -------------------------------------  ----------------------------------- 
 b)    LEI                                    213800Q8R5GV7DLNEL37 
      -------------------------------------  ----------------------------------- 
 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 GBP0.005 
        instrument, type of instrument         each 
      -------------------------------------  ----------------------------------- 
       Identification code                    GB00BJVH7905 
      -------------------------------------  ----------------------------------- 
 b)    Nature of the transaction              Purchase of ordinary shares 
      -------------------------------------  ----------------------------------- 
 c)    Price(s) and volumes(s)                Price(s)          Volume(s) 
      -------------------------------------  ----------------  ----------------- 
                                              GBP0.03749474     190,000 
                                               GBP0.038          50,000 
 ------------------------------------------  ----------------  ----------------- 
 d)    Aggregated information 
      -------------------------------------  ----------------------------------- 
  Aggregated volume                           240,000 
 ------------------------------------------  ----------------------------------- 
  Price                                       Aggregate: GBP9,024.00 
                                               Average: 0.0376p 
 ------------------------------------------  ----------------------------------- 
 e)    Date of the transaction                13 December 2021 
      -------------------------------------  ----------------------------------- 
 f)    Place of the transaction               AIMX 
      -------------------------------------  ----------------------------------- 
 
 

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