DIRECTOR / PDMR DEALINGS

Afentra PLC

14 December 2023

 

14 December 2023

AFENTRA PLC

DIRECTOR / PDMR DEALINGS

Afentra plc ('Afentra' or the 'Company'), the upstream oil and gas Company listed on the AIM market of the London Stock Exchange, announces that it has received notification of the following transactions in  ordinary shares of £0.10 each in the Company ("Ordinary Shares"), by persons discharging managerial responsibilities and persons closely associated with them:

Ian Cloke, Chief Operating Officer has transferred 555,069 Ordinary Shares to his wife, Elizabeth Bingham.

Ian Cloke has sold 617,190 Ordinary Shares and purchased 602,874 Ordinary Shares into his ISA

Elizabeth Bingham, wife and person closely associated with Ian Cloke, has sold 589,102 Ordinary Shares and purchased 601,594 Ordinary Shares into her ISA.

As a result, the total aggregate shareholding in the Company of Ian Cloke and persons closely associated with him comprises 2,126,185 Ordinary Shares, representing approximately 0.97% of the Company's issued share capital, representing no material change to such total aggregate shareholding from the previous position..

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Ian Cloke
2.	Reason for the notification
a.	Position/status	Chief Operating Officer
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Afentra plc
b.	LEI	21380028BFDFJK8BRX92
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 Financial instrument, type of instrument Identification code	Ordinary shares of £0.10 per share par value GB00B4X3Q493
b.	Nature of the transaction	Transfer of shares to spouse
c.	Price(s) and volume(s)	Price(s) Volume(s) Nil 555,069
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total Nil 555,069 Nil
e.	Date of the transaction	4 December 2023
f.	Place of the transaction	XOFF

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Ian Cloke
2.	Reason for the notification
a.	Position/status	Chief Operating Officer
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Afentra plc
b.	LEI	21380028BFDFJK8BRX92
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 Financial instrument, type of instrument Identification code	Ordinary shares of £0.10 per share par value GB00B4X3Q493
b.	Nature of the transaction	Sale of Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 30.35p 617190
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 30.35p 617,190 £187,317
e.	Date of the transaction	4 December 2023
f.	Place of the transaction	XLON

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Ian Cloke
2.	Reason for the notification
a.	Position/status	Chief Operating Officer
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Afentra plc
b.	LEI	21380028BFDFJK8BRX92
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 Financial instrument, type of instrument Identification code	Ordinary shares of £0.10 per share par value GB00B4X3Q493
b.	Nature of the transaction	Purchase of Ordinary shares into ISA account
c.	Price(s) and volume(s)	Price(s) Volume(s) 32p 602874
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 32 p purchased 602874 £190,283.83
e.	Date of the transaction	12 December 2023
f.	Place of the transaction	XLON

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Elizabeth Bingham
2.	Reason for the notification
a.	Position/status	Person closely associated with Ian Cloke, Chief Operating Officer of the Company
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Afentra plc
b.	LEI	21380028BFDFJK8BRX92
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 Financial instrument, type of instrument Identification code	Ordinary shares of £0.10 per share par value GB00B4X3Q493
b.	Nature of the transaction	Transfer of shares from Ian Cloke
c.	Price(s) and volume(s)	Price(s) Volume(s) Nil 555,069
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total Nil 555,069 Nil
e.	Date of the transaction	4 December 2023
f.	Place of the transaction	XOFF

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Elizabeth Bingham
2.	Reason for the notification
a.	Position/status	Person closely associated with Ian Cloke, Chief Operating Officer of the Company
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Afentra plc
b.	LEI	21380028BFDFJK8BRX92
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 Financial instrument, type of instrument Identification code	Ordinary shares of £0.10 per share par value GB00B4X3Q493
b.	Nature of the transaction	Purchase of Ordinary shares into ISA account;
c.	Price(s) and volume(s)	Price(s) Volume(s) 30.355 pence 601,594
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 30.35 pence purchased 601,594 182,613.85
e.	Date of the transaction	4 December 2023
f.	Place of the transaction	XLON

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Elizabeth Bingham
2.	Reason for the notification
a.	Position/status	Person closely associated with Ian Cloke, Chief Operating Officer of the Company
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Afentra plc
b.	LEI	21380028BFDFJK8BRX92
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 Financial instrument, type of instrument Identification code	Ordinary shares of £0.10 per share par value GB00B4X3Q493
b.	Nature of the transaction	Sale of Ordinary shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 32 pence 555,069
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 32 pence 555,069 177,622.08
e.	Date of the transaction	12 December 2023
f.	Place of the transaction	XLON

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Elizabeth Bingham
2.	Reason for the notification
a.	Position/status	Person closely associated with Ian Cloke, Chief Operating Officer of the Company
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Afentra plc
b.	LEI	21380028BFDFJK8BRX92
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 Financial instrument, type of instrument Identification code	Ordinary shares of £0.10 per share par value GB00B4X3Q493
b.	Nature of the transaction	Sale of Ordinary shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 30.74 pence 34,033
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 31.45 pence 34,033 10,462.42
e.	Date of the transaction	13 December 2023
f.	Place of the transaction	XLON

For further information, contact

Afentra plc  [phone]  Paul McDade, CEO Anastasia Deulina, CFO

Buchanan (Financial PR) [phone] Ben Romney Barry Archer George Pope

Peel Hunt LLP (Nominated Advisor and Joint Broker)  [phone] Richard Crichton David McKeown Georgia Langoulant

Tennyson Securities (Joint Broker)  [phone] Peter Krens About Afentra Afentra plc (AIM:AET) is an upstream oil and gas company focused on opportunities in Africa. The Company's purpose is to support a responsible energy transition in Africa by establishing itself as a credible partner for divesting IOCs and Host Governments.  Afentra has 4% non-operated interests in the producing Block 3/05 and adjacent development Block 3/05A offshore Angola in the Lower Congo Basin.  Afentra has a current carried interest in the Odewayne Block onshore southwestern Somaliland.

 

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