Director Dealings

88 Energy Limited

31 August 2023

 

88 Energy Limited

Director Dealings

88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) (88 Energy or the Company) confirms that Dr Stephen Staley, Non-executive Director of the Company, elected to participate in the non-renounceable rights issue launched by the Company on 31 July 2023 and has taken up rights to acquire 1,451,883 ordinary shares in the Company directly, and a further 82,500 through a related company, Derwent Resources Limited ("DRL").

Following this participation, Dr Staley is interested in a total of 13,435,217 ordinary shares directly, and a further 907,500 ordinary shares through DRL.

Media and Investor Relations:

88 Energy Ltd Ashley Gilbert, Managing Director
Tel: [phone] Email:[e-mail]
Fivemark Partners, Investor and Media Relations
Andrew Edge	Tel: [phone]
Michael Vaughan	Tel: [phone]
EurozHartleys Ltd
Dale Bryan	Tel: + 61 8 9268 2829
Cenkos Securities Plc	Tel: [phone]
Derrick Lee	Tel: [phone]
Pearl Kellie	Tel: [phone]

The information in the below notification is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

1	Details of PDMR/person closely associated with them ("PCA")
1.1	Name	Stephen Staley
1.2	Position/Status	Non-executive Director
1.3	Initial notification / amendment	Initial notification
2	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
2.1	Name	88 Energy Limited
2.2	LEI	213800YFW5171TD69V35
3	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
3.1	Description of the financial instrument Identification code	Ordinary shares AU00000088E2
3.2	Nature of the transaction	Take up of rights / acquisition of fully paid ordinary shares, through the Company's non-renounceable rights issue
3.3	Price(s) and volume(s)	Price(s) Volume(s) A$0.006 A$0.006 1,451,883 (directly) 82,500 (via Derwent Resources Limited)
3.4	Aggregated information ·   Aggregated volume ·          Price	1,534,383 A$9,206.30
3.5	Date of the transaction	29th August 2023
3.6	Place of the transaction	Outside of a trading venue

 

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