SDX Energy Inc. Director's Shareholding (7658W)
14 February 2017 - 3:38AM
UK Regulatory
TIDMSDX
RNS Number : 7658W
SDX Energy Inc.
13 February 2017
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY
SDX TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET
ABUSE REGULATION (EU) NO. 596/2014 ("MAR"). ON THE PUBLICATION OF
THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"),
THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN.
13 February 2017
SDX ENERGY INC
("SDX" or the "Company")
Director's Shareholding
SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil
and gas company, has been informed by David Richards, a Director of
the Company, that on 4 February he purchased 10,000 common shares
at C$0.66, on 9 February, he sold 50,000 SDX common shares at
C$0.70 and on 10 February he purchased 20,000 common shares C$0.70.
Mr Richards has advised the Company that these transactions are
part of a process to consolidate his holdings into a single
investment vehicle. Mr Richards is now beneficially interested in
947,531 SDX common shares.
About SDX
SDX is an international oil and gas exploration, production and
development company, headquartered in London, England, UK, with a
principal focus on North Africa. In Egypt, SDX Energy has a working
interest in two producing assets (50% North West Gemsa & 50%
Meseda) located onshore in the Eastern Desert, adjacent to the Gulf
of Suez. In Morocco, SDX has a 75% working interest in the
producing Sebou concession situated in the Rharb Basin. These
producing assets are characterised by exceptionally low operating
costs making them particularly resilient in a low oil price
environment. SDX Energy's portfolio also includes high impact
exploration opportunities in Egypt and Morocco.
For further information, please see the website of the Company
at www.sdxenergy.com or the Company's filed documents at
www.sedar.com.
Inside Information
The information contained in this announcement is inside
information. If you have any queries on this, then please contact
Mark Reid, the Chief Financial Officer and Director of the Company
(responsible for arranging release of this announcement) at 38
Welbeck Street, London, W1G 8DP on +44 (0) 203 219 5640.
For further information:
SDX Energy Inc.
Paul Welch
President and Chief Executive Mark Reid
Officer Chief Financial Officer
Tel: +44 203 219 5640 Tel: +44 203 219 5640
Cantor Fitzgerald Europe (Nominated
Adviser & Joint Broker)
Sarah Wharry/Craig Francis
Tel: +44 207 7894 7000
FirstEnergy Capital LLP (Joint
Broker)
Jonathan Wright/David van Erp
Tel: +44 207 448 0200
Celicourt (PR)
Mark Antelme/ Joanna Boon /
Jimmy Lea
Tel: +44 207 520 9260
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as such term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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