Director's Dealing

RNS Number : 4496D

Angus Energy PLC

19 October 2022

 

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 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED . UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN .

19 October 2022

Angus Energy Plc

("Angus Energy", the "Company" or together with its subsidiaries, the "Group")

(AIM:ANGS)

Director's Dealing

The Company has been informed that Paul Forrest, Non-Executive Director, on 7 October 2022 sold 2,000,000 Ordinary Shares of 0.002p each ("Ordinary Shares") at an average price of 2.2 pence per Ordinary Share. Paul Forrest's total shareholding in the Company is now 536,750,000 Ordinary Shares representing 18.56 per cent. Of the Company's issued share capital.

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For further information on the Company, please visit   www.angusenergy.co.uk or contact:

Enquiries:

Angus Energy Plc      www.angusenergy.co.uk

George Lucan      Tel: [phone]

Beaumont Cornish Limited (Nomad)  www.beaumontcornish.com

James Biddle / Roland Cornish    Tel: [phone]

WH Ireland Limited (Broker) 

Katy Mitchell / Harry Ansell    Tel: [phone]

Flagstaff PR/IR      [e-mail]

Tim Thompson / Fergus Mellon   Tel: [phone] 

Aleph Commodities      [e-mail]

Disclaimers - this Announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "forecasts", "plans", "prepares", "anticipates", "projects", "expects", "intends", "may", "will", "seeks", "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this Announcement and include statements regarding the Company's and the Directors' intentions, beliefs or current expectations concerning, amongst other things, the Company's prospects, growth and strategy. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. The Company's actual performance, achievements and financial condition may differ materially from those expressed or implied by the forward-looking statements in this Announcement. In addition, even if the Company's results of operations, performance, achievements and financial condition are consistent with the forward-looking statements in this Announcement, those results or developments may not be indicative of results or developments in subsequent periods. Any forward-looking statements that the Company makes in this Announcement speak only as of the date of such statement and (other than in accordance with their legal or regulatory obligations) neither the Company, nor the Bookrunner nor Beaumont Cornish nor any of their respective associates, directors, officers or advisers shall be obliged to update such statements. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.

Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in relation to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to clients of Beaumont Cornish Limited, or for providing advice in relation to the contents of this announcement or any matter referred to in it.

Paul Forrest

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Forrest (through Forum Energy Services Ltd)
2	Reason for notification
a)	Position / status	Non-Executive Director
b)	I nitial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Angus Energy Plc
b)	LEI	2138008K3RL6MQRQPD84
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 I d e ntification code	2,000,000 Ordinary shares of 0.002 pence each in Angus Energy Plc ISIN GB00BYWKC989
	Nature of the transaction	Director's market share sale
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 2.2 pence 2,000,000
d)	Aggregated information	n/a
e)	Date of the transaction	7 October 2022
f)	Place of the transaction	London Stock Exchange, AIM (XLON)

 

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