SDX Energy Inc. PDMR Dealing (2763H)
06 June 2017 - 7:30PM
UK Regulatory
TIDMSDX
RNS Number : 2763H
SDX Energy Inc.
06 June 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.
6 June 2017
SDX ENERGY INC.
("SDX" or the "Company")
PDMR Dealing
SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil
and gas company, was notified that Michael Raynes, a Non-Executive
Director of the Company, purchased 32,002 Common Shares of SDX
Energy Inc on behalf of his daughters on January 31, 2017.
Notification form
1 Details of PDMR / person closely associated
with them ("PCA")
---- --------------------------------------------------------------------------------------
(a) Name Michael Raynes
---- ------------------------------- -----------------------------------------------------
(b) Position/status Director
Dealing on behalf of daughters,
Evelyn, Charlotte and Elisabeth
Raynes, persons closely
associated with Michael
Raynes.
---- ------------------------------- -----------------------------------------------------
(c) Initial notification/amendment Initial
---- ------------------------------- -----------------------------------------------------
2 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 Common Shares of SDX Energy
of the financial Inc
instrument
---- ------------------------------- -----------------------------------------------------
(b) Nature of the Purchase of shares
transaction
---- ------------------------------- -----------------------------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s) ------------------------- ------------------------
GBP0.3824 10,653
------------------------- ------------------------
GBP0.381 10,693
------------------------- ------------------------
GBP0.3823 10,656
------------------------- ------------------------
---- ------------------------------- -----------------------------------------------------
(d) Aggregated information 32,002 Shares
Aggregated volume GBP0.3819
Price
---- ------------------------------- -----------------------------------------------------
(e) Date of the 2017-01-31
transaction
---- ------------------------------- -----------------------------------------------------
(f) Place of the London Stock Exchange -
transaction AIM (XLON)
---- ------------------------------- -----------------------------------------------------
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 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 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's
portfolio also includes high impact exploration opportunities in
both 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.
For further information:
SDX Energy Inc.
Paul Welch
President and Chief Mark Reid
Executive 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
GMP FirstEnergy (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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