TIDMWEN

RNS Number : 6595I

Wentworth Resources PLC

13 August 2021

13 August 2021

WENTWORTH RESOURCES PLC

("Wentworth" or the "Company")

Director/PDMR Dealing

Wentworth (AIM: WEN), the independent, Tanzania-focused natural gas production company , announces that Iain McLaren purchased 13,511 ordinary shares of no par value at a price of 24p per share in the Company, equating to an aggregate value of GBP3,242.64 via his dividend re-investment programme.

Following this purchase, Iain McLaren holds a total of 338,788 ordinary shares, representing 0.183 % of the outstanding share capital of the Company.

 
  1.   Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name:                             Iain Archibald McLaren 
      --------------------------------  ------------------------------------- 
 2.    Reason for the notification 
      ----------------------------------------------------------------------- 
 a)    Position/status:                  NED 
      --------------------------------  ------------------------------------- 
 b)    Initial notification/Amendment:   Initial Notification 
      --------------------------------  ------------------------------------- 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------- 
 a)    Name                              Wentworth Resources PLC 
      --------------------------------  ------------------------------------- 
 b)    LEI:                              213800L172PPXRPJZM82 
      --------------------------------  ------------------------------------- 
 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                Ordinary shares of no par value in 
        financial instrument,             Wentworth Resources Plc 
        type of instrument: 
        Identification code:              JE00BGT34J81 
      --------------------------------  ------------------------------------- 
 b)    Nature of the transaction:        Acquisition of ordinary shares of 
                                          no par value in Wentworth Resources 
                                          Ltd. 
      --------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s):             Price(s)   Volume(s)     Date 
                                              0.24      13,511    12/08/2021 
                                                      ----------  ---------- 
      --------------------------------  ------------------------------------- 
 d)         Aggregated information: 
              *    Aggregated volume:     13,511 
                                           0.24 p per share 
 
              *    Price: 
      --------------------------------  ------------------------------------- 
 e)    Date of the transaction:          12 August 2021 
      --------------------------------  ------------------------------------- 
 f)    Place of the transaction:         XLON 
      --------------------------------  ------------------------------------- 
 

This announcement does not contain inside information.

Ends

 
 Enquiries: 
   Wentworth Resources            Katherine Roe,                 katherine.roe@wentplc.com 
                                  Chief Executive Officer        +44 (0) 7841 087 230 
 
                                  AIM Nominated Advisor and 
                                  Joint Broker 
                                  Callum Stewart 
   Stifel Nicolaus Europe         Ashton Clanfield 
   Limited                        Simon Mensley                  +44 (0) 20 7710 7600 
 
 
                                  Joint Broker 
                                  Richard Crichton 
   Peel Hunt LLP                  Alexander Allen                +44 (0) 20 7418 8900 
 
                                  Communications Advisor 
                                  Sara Powell 
   FTI Consulting                 Ben Brewerton                  +44 (0) 20 3727 1000 
  About Wentworth Resources 
  Wentworth Resources plc (AIM: WEN) is a leading, domestic natural gas producer in Tanzania 
  with a core producing asset at Mnazi Bay in the onshore Rovuma Basin in Southern Tanzania. 
  The power demand base in-country is growing and with an ambitious universal energy access 
  target set by the Government for 2030, Wentworth has a vital role to play in increasing access 
  by ensuring a reliable, affordable and growing supply of natural gas into the local market. 
  In 2019, Wentworth launched its sustainable dividend policy and remains committed to responsible 
  growth that maintains returns for shareholders. 
 

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END

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August 13, 2021 12:03 ET (16:03 GMT)

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