SEPLAT Petroleum Development Co PLC Director/PDMR Shareholding (6562S)
27 June 2018 - 12:50AM
UK Regulatory
TIDMSEPL
RNS Number : 6562S
SEPLAT Petroleum Development Co PLC
26 June 2018
USeplat Petroleum Development Company Plc ("SEPLAT" or the
"Company")
UAnnouncement on Notification of Dealing in Shares by a PDMR
Lagos and London - 26 June 2018:
The Company was notified of the sale of 112,378 ordinary shares
registered in the name of Mr. Ojunekwu Austin Avuru, the Chief
Executive Officer of the Company. Following the sale, Mr. Avuru now
holds a direct interest in 1,026,484 ordinary shares and an
indirect interest in 74,336, 174 ordinary shares of the Company
totalling 75,362,658 shares which equates to a voting interest of
12.8% (based on Issued Share Capital of 588,444,561).
Further details of the transaction are set out in the attached
Notification and Public Disclosure of Transactions by Persons
Discharging Managerial Responsibilities and Persons Closely
Associated with them.
This notification is made in accordance with Rule 12 of the
Amendments to the Listing Rules of the Nigerian Stock Exchange and
Article 19 of the UK Market Abuse Regulations.
Dr. Mirian Kene Kachikwu
Company Secretary
FOR: SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC.
Details of duly authorised officer of issuer responsible for
making notification:
Roger Brown, CFO +44 (0) 203 725 6500
Investor enquiries:
Andrew Dymond, Investor Relations +44 (0) 203 725 6500
Form for Notification and Public Disclosure of Transactions By
Persons Discharging Managerial Responsibilities And Persons Closely
Associated With Them:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Ojunekwu Augustine Avuru
-------------------------------- -----------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name SEPLAT Petroleum Development Company
Plc
-------------------------------- -----------------------------------------
b) LEI 029200711C4S4CB2E982
-------------------------------- -----------------------------------------
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 Shares (NGSEPLAT0008)
financial instrument,
type of instrument
Identification code
b) Nature of the transaction Sale of shares registered in the
name of Ojunekwu Austin Avuru
-------------------------------- -----------------------------------------
c) Price(s) and volume(s)
-------------------------- -----------
Price(s) Volume(s)
-------------------------- -----------
NGN719.74 (Average
Price) 112,378
-------------------------- -----------
d) Aggregated information
- Aggregated volume 112,378
- Price NGN719.74 (Average Price)
e) Date of the transaction Over a period of one month (1(st)
-31(st) May, 2018)
-------------------------------- -----------------------------------------
f) Place of the transaction Lagos, Nigeria
-------------------------------- -----------------------------------------
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
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