Wentworth Resources PLC Director/PDMR Dealing (6595I)
14 August 2021 - 02:03AM
UK Regulatory
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
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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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