PDMR/Director Dealings

Deltic Energy PLC

05 May 2023

 

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources

5 May 2023

Deltic Energy Plc ("Deltic" or "the Company")

PDMR/Director Dealings

Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, announces that it was notified on 4 May 2023 that Peter Nicol, a Non-Executive Director of the Company, purchased 1,000,000 ordinary shares of 0.5 p each ("Ordinary Shares") into his ISA at a price of 1.79 per Ordinary Share.

Additionally, the Company was notified on 4 May 2023 that Sarah McLeod, Deltic's Chief Financial Officer and a person discharging managerial responsibility transferred 282,581 Ordinary Shares to her individual ISA account.  There has been no significant change to the number of Ordinary Shares beneficially held by Sarah McLeod as a result of these transfers.

Details of these share transactions are shown below.

Director/Senior manager	Role	Number of Ordinary Shares sold	Number of Ordinary Shares purchased	Resultant number of Ordinary Shares held
Peter Nicol	Non-Executive Director	-	1,000,000	3,000,000
Sarah McLeod	Chief Financial Officer	285,714	282,581	862,523

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Peter Nicol
2.	Reason for the notification
a)	Position / status	Non-Executive Director
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Deltic Energy Plc
b)	LEI	213800TS8K1D27AFP275
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 financial instrument Identification Code	Ordinary Shares of 0.5p ISIN: GB00B6SYKF01
b)	Nature of the transaction	Purchase of Ordinary Shares into ISA account
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.79 pence 1,000,000 Ordinary Shares purchased
d)	Aggregated information Aggregated volume Price	N/A
e)	Date of the transaction	4 May 2023
f)	Place of the transaction	London Stock Exchange (AIMX)

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Sarah McLeod
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Deltic Energy Plc
b)	LEI	213800TS8K1D27AFP275
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 financial instrument Identification Code	Ordinary Shares of 0.5p ISIN: GB00B6SYKF01
b)	Nature of the transaction	1.  Sale of Ordinary Shares from share dealing account 2.  Purchase of Ordinary Shares into ISA account
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  1.69 pence sold 285,714 Ordinary Shares sold 2.  1.71 pence purchased 282,581 Ordinary Shares purchased
d)	Aggregated information Aggregated volume Price	Price(s) Volume(s) Total 1.  1.6913 pence sold 285,714 Ordinary Shares sold 1.  £4,832.14 sold 2.  1.71 pence purchased 282,581 Ordinary Shares purchased 2.  £4,832.14 purchased
e)	Date of the transaction	4 May 2023
f)	Place of the transaction	London Stock Exchange (AIMX)

**ENDS**

For further information please contact the following:

Deltic Energy Plc	Tel: [phone]
Graham Swindells / Andrew Nunn / Sarah McLeod
Allenby Capital Limited (Nominated Adviser)	Tel: [phone]
David Hart / Alex Brearley (Corporate Finance)
Stifel Nicolaus Europe Limited (Joint Broker)	Tel: [phone]
Callum Stewart / Simon Mensley / Ashton Clanfield
Canaccord Genuity Limited (Joint Broker) Adam James / Gordon Hamilton	Tel: [phone]
Vigo Consulting (IR Adviser)	Tel: [phone]
Patrick d'Ancona / Finlay Thomson / Kendall Hill

About Deltic Energy Plc

Deltic has created a strategically located portfolio of high-quality gas exploration licences in the Southern North Sea over a number of licensing rounds.  These licences are located in areas that have been underexplored despite significant discoveries such as Tolmount, Breagh, Pegasus and Cygnus, most of which have gone on to be developed and could provide ready access to export infrastructure for any future developments on Deltic's licence acreage.

 

END