Zenith Energy Ltd Director/PDMR Shareholding (8919G)
07 March 2018 - 4:00AM
UK Regulatory
TIDMZEN
RNS Number : 8919G
Zenith Energy Ltd
06 March 2018
March 6, 2018
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon
publication of this announcement via a regulatory information
service ("RIS"), the inside information contained in this document
is now considered to be in the public domain.
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Director/ PDMR Shareholding
Zenith Energy Ltd., ("Zenith" or the "Company"), (LSE: ZEN;
TSX.V: ZEE), the international oil & gas production company
operating the largest onshore oilfield in Azerbaijan, is pleased to
announce that its Chief Executive Officer & President, Mr.
Andrea Cattaneo, has advised the Company that he has purchased a
total of 100,000 Common Shares of no par value in the capital of
the Company ("Common Shares") at an average price of GBP0.07 per
Common Share. Mr. Cattaneo purchased a total of 30,000 Common
Shares on March 2, 2018. Today, Mr. Cattaneo purchased a total of
70,000 Common Shares.
Following the aforementioned purchases, Mr. Cattaneo is directly
beneficially interested in a total of 4,595,116 Common Shares in
the capital of the Company, representing 2.89 per cent of the total
issued and outstanding common share capital of the Company. As
announced on December 15, 2017, Mr. Cattaneo is indirectly
interested in a total of 1,250,000 Common Shares, today
representing 0.79 per cent of the Company's issued share
capital.
For further information please contact:
Zenith Energy Ltd.
Andrea Cattaneo
Chief Executive Officer
E-mail: info@zenithenergy.ca
Tel: +1 (587) 315 9031
Vigo Communications - PR Adviser
Patrick d'Ancona
Chris McMahon
Kate Rogucheva
Tel: +44 (0) 20 7830 9700
Daniel Stewart & Company Plc - (Joint Broker)
Robert Emmet- Corporate Broking
Nikhil Varghese- Corporate Finance
Tel: + 44 (0) 207 776 6550
Optiva Securities - (Joint Broker)
Christian Dennis
Tel: + 44 (0) 203 137 1903
Allenby Capital Limited - (Financial Adviser)
Nick Harriss
Nick Athanas
Tel: + 44 (0) 203 328 5656
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 Andrea Cattaneo
---- -------------------------------- -----------------------
2 Reason for the notification
---- ---------------------------------------------------------
a) Position/status Chief Executive
Officer
---- -------------------------------- -----------------------
b) Initial notification/Amendment Initial Notification
---- -------------------------------- -----------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
---- ---------------------------------------------------------
a) Name Zenith Energy
Ltd.
---- -------------------------------- -----------------------
b) LEI 213800AYTYOYD61S4569
---- -------------------------------- -----------------------
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 Common Shares
the financial
instrument, type
of instrument
---- -------------------------------- -----------------------
Identification CA98936C1068
code
---- -------------------------------- -----------------------
b) Nature of the Purchase of
transaction Common Shares
---- -------------------------------- -----------------------
c) Price(s) and volumes(s) Price(s) Volume(s)
---- -------------------------------- ----------- ----------
GBP0.07 30000
------------------------------------- ----------- ----------
GBP0.0713 35000
------------------------------------- ----------- ----------
GBP0.07123 35000
------------------------------------- ----------- ----------
d) Aggregated information
---- -------------------------------- -----------------------
Aggregated volume 100000
------------------------------------- -----------------------
Aggregated price GBP0.07086
------------------------------------- -----------------------
e) Date of the transaction(s)
---- -------------------------------- -----------------------
March 2, 2018
------------------------------------- -----------------------
March 6, 2018
------------------------------------- -----------------------
f) Place of the transaction London Stock
Exchange
---- -------------------------------- -----------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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