TIDMOLEE

RNS Number : 3071N

Oleeo PLC

16 January 2019

16 January 2019

Oleeo plc

("OLEE" or the "Company")

Transaction In Own Shares, Total Voting Rights and Directors Dealing

Further to the announcement dated 15 January 2019, the Company wishes to announce that it has, on 16 January 2019, bought back for cancellation 16,500 ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares"), at a price of 160 pence per Ordinary Share. This represents approximately 0.22 per cent of the total voting rights of the Company.

The Company announces that David Moore the Technical Director has today exercised Options over 18,500 shares at 88.5p per share and has sold 16,500 shares at 160 pence per share.

Following this exercise and sale, David Moore will be interested in 5,100 ordinary shares of 0.1p each in the Company representing 0.07 per cent. of the issued share capital.

The New Ordinary Shares have been issued from the blocklisting facility, and rank pari passu with the existing OLEE ordinary shares. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue subsequent to the Ordinary Shares purchased for cancellation above, is 7,628,054. The figure of 7,628,054 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or change to their interest, in the Company under the Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information please contact:

 
 Enquiries 
 
  Oleeo Plc 
    Charles Hipps, Managing Director, 
    Telephone: +44 (0)20 8946 9876 
 
  Panmure Gordon (UK) Limited 
   Nominated Adviser 
   Andrew Potts 
   Telephone: +44 (0)20 7886 2500

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                      David Moore 
     ------------------------  ----------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status           Technical Director 
     ------------------------  ----------------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
     ------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                      Oleeo plc 
     ------------------------  ----------------------------------------- 
 b)   LEI                       213800COCTT34VO8KL75 
     ------------------------  ----------------------------------------- 
 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               Ordinary shares of 0.1p each 
       of the financial          London Stock Exchange, AIM, OLEE.L 
       instrument, 
       type of instrument        ISIN Code: GB0002677085 
 
       Identification 
       code 
     ------------------------  ----------------------------------------- 
 b)   Nature of                 Exercise of options 
       the transaction           Market sale 
     ------------------------  ----------------------------------------- 
 c)   Price(s)                       Price(s)       Volume(s) 
       and volume(s)               Exercise 88.5p     18,500 
                                     Market Sale 
                                         160p          16,500 
                                                    ---------- 
     ------------------------  ----------------------------------------- 
 d)   Aggregated                 N/A 
       information 
 
 
       - Aggregated 
       volume 
 
 
       - Price 
     ------------------------  ----------------------------------------- 
 e)   Date of the               16 January 2019 
       transaction 
     ------------------------  ----------------------------------------- 
 f)   Place of                  Option Exercise 18,500 - XOFF 
       the transaction           Market Sale 16,500 - XLON 
     ------------------------  -----------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCLLFSRLEIRLIA

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January 16, 2019 11:48 ET (16:48 GMT)

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