Prospex Oil and Gas PLC Director/PDMR Shareholding (9780W)
07 August 2018 - 4:01PM
UK Regulatory
TIDMPXOG
RNS Number : 9780W
Prospex Oil and Gas PLC
07 August 2018
Prospex Oil and Gas Plc / Index: AIM / Epic: PXOG / Sector: Oil
and Gas
7 August 2018
Prospex Oil and Gas Plc
('Prospex' or the 'Company')
Director/PDMR Notification
Prospex Oil and Gas Plc, the AIM quoted investment company,
announces that James Smith, Non-Executive Director of the Company,
yesterday purchased 3,000,000 ordinary shares of 0.1 pence each in
the Company ("Ordinary Shares") at a price of 0.36 pence per
Ordinary Share.
Following the abovementioned purchase, Mr Smith is interested in
10,000,000 Ordinary Shares, representing approximately 0.82 per
cent. of the Company's issued share capital.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
* * ENDS * *
For further information visit www.prospexoilandgas.com or
contact the following:
Edward Dawson Prospex Oil and Gas Plc Tel: +44 (0) 20 3766
0325
Rory Murphy Strand Hanson Limited Tel: +44 (0) 20 7409
Ritchie Balmer 3494
Jack Botros
Duncan Vasey Peterhouse Corporate Finance Tel: +44 (0) 20 7469
0932
Frank Buhagiar St Brides Partners Ltd Tel: +44 (0) 20 7236
Charlotte Page 1177
Notes
Prospex Oil and Gas Plc is an AIM quoted investment company
focussed on high impact onshore and shallow offshore European
opportunities with short timelines to production. The Company's
strategy is to acquire undervalued projects with multiple, tangible
value trigger points that can be realised within 12 months of
acquisition and then applying low cost re-evaluation techniques to
identify and de-risk prospects.
PDMR Notification
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name James Smith
-------------------------------- ------------------------------------
2. Reason for the Notification
----------------------------------------------------------------------
a) Position/status Director of the Company
-------------------------------- ------------------------------------
b) Initial notification/amendment Initial notification
-------------------------------- ------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name Prospex Oil and Gas Plc
-------------------------------- ------------------------------------
b) LEI 213800NY9RH8O1B72D27
-------------------------------- ------------------------------------
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 0.1p each in the
instrument, type of instrument share capital of the Prospex Oil &
Gas plc
-------------------------------- ------------------------------------
Identification code GB00BW4NPC58
-------------------------------- ------------------------------------
b) Nature of the Transaction Purchase of Ordinary Shares
-------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
0.36 pence 3,000,000
----------
-------------------------------- ------------------------------------
d) Aggregated information 3,000,000
Aggregated volume Price 0.36 pence
-------------------------------- ------------------------------------
e) Date of the transaction 6 August 2018
-------------------------------- ------------------------------------
f) Place of the transaction AIMX
-------------------------------- ------------------------------------
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
DSHQQLFBVVFBBBZ
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