Egdon Resources PLC Directors? Share Dealing (3069M)
27 April 2018 - 4:01PM
UK Regulatory
TIDMEDR
RNS Number : 3069M
Egdon Resources PLC
27 April 2018
27 April 2018
EGDON RESOURCES PLC
("Egdon" or "the Company")
Directors' Share Dealing
The Company has been informed of the following recent
transaction by a Director:
Mark Abbott, Managing Director, purchased 325,000 ordinary
shares via his SIPP at an average price of 6.8 p.
Following this transaction Mark Abbott holds interests in
8,089,387 ordinary shares representing 3.11% of the share capital
of the Company.
The issued share capital of Egdon Resources plc consists of
259,984,822 ordinary shares of 1 pence each with voting rights. No
Shares are held in treasury. Therefore, the total number of voting
rights in the Company is 259,984,822.
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 Mark Abbott
-------- ------------------------------------- -------------------------------------
2 Reason for notification
-------- ----------------------------------------------------------------------------
a) Position / status PDMR/Managing Director
-------- ------------------------------------- -------------------------------------
b) Initial notification/Amendment Initial notification
-------- ------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-------- ----------------------------------------------------------------------------
a) Name Egdon Resources plc
-------- ------------------------------------- -------------------------------------
b) LEI NA
-------- ------------------------------------- -------------------------------------
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 1 pence
instrument, type of instrument each
Identification code
NA
-------- ------------------------------------- -------------------------------------
b) Nature of the transaction Purchase of shares via market
-------- ------------------------------------- -------------------------------------
c) Price(s) and volumes(s) Price Volume
---------------- -------------
6.3 pence 100,000
6.7 pence 125,000
7.5 pence 100,000
---------------- -------------
-------- ------------------------------------- -------------------------------------
d) Aggregated information
Aggregated Volume
Price 275,000
6.8 pence
-------- ------------------------------------- -------------------------------------
e) Date of the transaction 24, 25 and 26 April 2018
-------- ------------------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange
-------- ------------------------------------- -------------------------------------
For further information please contact:
Egdon Resources plc
Mark Abbott 01256 702 292
Buchanan
Ben Romney, Anna Michniewicz 020 7466 5000
Nominated Adviser and Broker - Cantor Fitzgerald Europe
David Porter / Nick Tulloch (Corporate Finance) 020 7894 7000
Caspar Shand Kydd / Alex Pollen (Sales)
Joint Broker - VSA Capital Limited
Andrew Monk (Corporate Broking) 020 3005 5000
Andrew Raca (Corporate Finance)
Egdon Resources plc (LSE: EDR) is an established UK-based
exploration and production company focused on onshore exploration
and production in the hydrocarbon-producing basins of the UK.
Egdon holds interests in 43 licences in the UK and has an active
programme of exploration, appraisal and development within its
portfolio of oil and gas assets. Egdon is an approved operator in
the UK. Egdon was formed in 1997 and listed on AIM in December
2004.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the
publication of this announcement via Regulatory Information Service
("RIS"), this inside information is now considered to be in the
public domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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