Falcon Oil & Gas Ltd. Falcon Oil & Gas Ltd. - Director Purchase Of Common Shares Of Falcon
07 December 2022 - 06:00PM
UK Regulatory
TIDMFOG
Falcon Oil & Gas Ltd.
("Falcon", "Company")
Director Purchase of Common Shares of Falcon
07 December 2022 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM:
FOG) announces that directors have purchased an aggregate of
350,000 common shares in Falcon.
Details of the respective purchases are included in the table
below:
Number of Total number of Common Shares Percentage of issued share capital held after the
Name Common Shares purchased held after purchase purchase
---------- ------------------------ ----------------------------- -------------------------------------------------
Gregory
Smith --
Non -
Executive
Director 100,000 770,000 0.07%
---------- ------------------------ ----------------------------- -------------------------------------------------
Tom Layman
- Non -
Executive
Director 250,000 250,000 0.02%
---------- ------------------------ ----------------------------- -------------------------------------------------
Ends.
CONTACT DETAILS:
Falcon Oil & Gas Ltd. +353 1 676 8702
Philip O'Quigley, CEO +353 87 814 7042
Anne Flynn, CFO +353 1 676 9162
Cenkos Securities plc (NOMAD &
Broker)
Neil McDonald / Derrick Lee +44 131 220 9771
About Falcon Oil & Gas Ltd.
Falcon Oil & Gas Ltd is an international oil & gas
company engaged in the exploration and development of
unconventional oil and gas assets, with the current portfolio
focused in Australia, South Africa and Hungary. Falcon Oil &
Gas Ltd is incorporated in British Columbia, Canada and
headquartered in Dublin, Ireland with a technical team based in
Budapest, Hungary.
For further information on Falcon Oil & Gas Ltd. please
visit www.falconoilandgas.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Certain information in this press release may constitute
forward-looking information. This information is based on current
expectations that are subject to significant risks and
uncertainties that are difficult to predict. Actual results might
differ materially from results suggested in any forward-looking
statements. Falcon assumes no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to Falcon. Additional information identifying risks and
uncertainties is contained in Falcon's filings with the Canadian
securities regulators, which filings are available at
www.sedar.com.
Director / PDMR Shareholding
1 Details of the person discharging
managerial responsibilities/person
closely associated
----------------------------------- -----------------------------------
a) Name Gregory Smith
----------------------------------- -----------------------------------
2 Reason for notification
----------------------------------- -----------------------------------
a) Position/Status Non - Executive Director
----------------------------------- -----------------------------------
b) Initial notification/Amendment Initial Notification
----------------------------------- -----------------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
----------------------------------- -----------------------------------
a) Name Falcon Oil & Gas Ltd.
----------------------------------- -----------------------------------
b) LEI 213800KQY87Z1KNPIM76
----------------------------------- -----------------------------------
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 Common shares in the Company
instrument, type of instrument AIM: FOG TSXV: FO
Identification code
----------------------------------- -----------------------------------
b) Nature of the transaction Purchase of common shares in the
Company
----------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------------------------------- --------- ------------------------
CAD$0.11 Purchase an aggregate
of 50,000 common shares
in the Company
----------------------------------- --------- ------------------------
CAD$0.105 Purchase an aggregate
of 50,000 common shares
in the Company
----------------------------------- --------- ------------------------
d) Aggregated information
-- Aggregated volume 100,000 common shares
CAD$10,750
-- Price
----------------------------------- -----------------------------------
e) Date of the transaction 2 December 2022, 5 December 2022
----------------------------------- -----------------------------------
f) Place of the transaction TSXV
----------------------------------- -----------------------------------
1 Details of the person discharging
managerial responsibilities/person
closely associated
----------------------------------- ------------------------------------
a) Name Tom Layman
----------------------------------- ------------------------------------
2 Reason for notification
----------------------------------- ------------------------------------
a) Position/Status Non - Executive Director
----------------------------------- ------------------------------------
b) Initial notification/Amendment Initial Notification
----------------------------------- ------------------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
----------------------------------- ------------------------------------
a) Name Falcon Oil & Gas Ltd.
----------------------------------- ------------------------------------
b) LEI 213800KQY87Z1KNPIM76
----------------------------------- ------------------------------------
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 Common shares in the Company
instrument, type of instrument AIM: FOG TSXV: FO
Identification code
----------------------------------- ------------------------------------
b) Nature of the transaction Purchase of common shares in the
Company
----------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------------------------------- --------- -------------------------
CAD$0.11 Purchase an aggregate
of 50,000 common shares
in the Company
----------------------------------- --------- -------------------------
CAD$0.105 Purchase an aggregate
of 100,000 common shares
in the Company
--------- -------------------------
CAD$0.105 Purchase an aggregate
of 100,000 common shares
in the Company
----------------------------------- --------- -------------------------
d) Aggregated information
-- Aggregated volume 250,000
CAD$26,500
-- Price
----------------------------------- ------------------------------------
e) Date of the transaction 5 December 2022, 5 December 2022,
6 December 2022
----------------------------------- ------------------------------------
f) Place of the transaction TSXV
----------------------------------- ------------------------------------
(END) Dow Jones Newswires
December 07, 2022 02:00 ET (07:00 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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