Europa Oil & Gas (Holdings) plc /
Index: AIM / Epic: EOG / Sector: Oil & Gas
9 February 2017
Europa Oil &
Gas (Holdings) plc (‘Europa’ or ‘the Company’)
Director/PDMR
Shareholding
Europa Oil & Gas (Holdings) plc, the UK and Ireland focussed
exploration, development and production company, announces that it
was notified on 8 February 2017, that
Christian William Ahlefeldt-Laurvig, Non-Executive Director of the
Company, on 6 & 7 February 2017,
sold a total of 1,250,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares")
at an average price of 4.65 pence per
Ordinary Share (the “Sale”). The sale was necessitated by the
requirement to settle a UK tax liability and does not alter Mr
Ahlefeldt-Laurvig’s commitment to Europa.
Following the Sale, Mr Ahlefeldt-Laurvig remains beneficially
interested in 33,752,442 Ordinary Shares, representing
approximately 13.78% of the Company’s issued share capital.
Notification and
public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
|
Details of the person
discharging managerial responsibilities / person closely
associated |
a) |
Name |
Christian William
Ahlefeldt-Laurvig |
|
Reason for the
Notification |
a) |
Position/status |
Non-Executive Director |
b) |
Initial notification/Amendment |
Initial notification |
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor |
a) |
Name |
Europa Oil & Gas (Holdings)
plc |
b) |
LEI |
213800JWTCW7TN3WRC06 |
|
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
instrument, type of instrument |
Ordinary shares of 1p |
Identification code |
GB00B03CJS30 |
b) |
Nature of the transaction |
Sale of ordinary shares |
c) |
Price(s) and volume(s) |
Date |
Price(s) |
Volume(s) |
6-Feb-17
7-Feb-17
7-Feb-17 |
4.5p
5p
4.75p |
750,000
250,000
250,000 |
|
d) |
Aggregated information: |
Sale of 1,250,000 ordinary shares of
1 pence at 4.65 pence per ordinary share |
e) |
Date of the transaction |
6 & 7
February 2017 |
f) |
Place of the transaction |
London Stock Exchange, AIM Market
(XLON) |
* * ENDS * *
For further information please visit www.europaoil.com or
contact:
Hugh Mackay |
Europa |
+ 44 (0) 20 7224 3770 |
Phil Greenhalgh |
Europa |
+ 44 (0) 20 7224 3770 |
Matt Goode |
finnCap Ltd |
+ 44 (0) 20 7220 0500 |
Simon Hicks |
finnCap Ltd |
+ 44 (0) 20 7220 0500 |
Frank Buhagiar |
St Brides Partners Ltd |
+ 44 (0) 20 7236 1177 |
Susie Geliher |
St Brides Partners Ltd |
+ 44 (0) 20 7236 1177 |
Notes
Europa Oil & Gas (Holdings) plc has a diversified portfolio
of multi-stage hydrocarbon assets that includes production,
exploration and development interests, in countries that are
politically stable, have transparent licensing processes, and offer
attractive terms. In 2016 Europa produced 123 boepd.
Its highly prospective exploration projects include the Wressle
development in the UK and seven licences offshore Ireland with the
potential to host gross mean un-risked prospective and indicative
resources of more than 4 billion barrels oil equivalent and 1.5 tcf
gas across all seven licences.