Director's Holding in Company

RNS Number : 1569Z

Egdon Resources PLC

12 March 2012

 



For immediate release

12 March 2012

EGDON RESOURCES PLC

("Egdon" or "the Company")

Director's Holdings in Company

Egdon Resources plc (the "Company") was informed today that as a result of Mr Walter Roberts's younger daughter achieving her majority, her shareholding is no longer to be counted as part of Mr Roberts's beneficial shareholding. Accordingly, although these shares have not been sold, Mr Roberts's beneficial shareholding is reduced by 200,000 ordinary shares to 1,091,750 ordinary shares, representing 0.83% of the issued and voting share capital of the Company.

For further information please contact:

Egdon Resources plc

Mark Abbott                                                                                         01256 702292

Buchanan

Richard Darby, James Strong, Gabriella Clinkard                      020 7466 5000

Nominated Adviser and Broker - Seymour Pierce

Jonathan Wright, Sarah Jacobs (Corporate Finance)                020 7107 8000

Richard Redmayne (Corporate Broking)

Notes to Editors:

Egdon Resources plc

Egdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK and Europe. 

Egdon currently holds interests in thirty one licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets.  Egdon is an approved operator in both the UK and France.

Egdon was formed in 1997 and listed on AIM in December 2004.

In accordance with the AIM Rules - Note for Mining and Oil and Gas Companies, the information contained in this announcement has been reviewed and signed off by the Managing Director of Egdon Resources plc Mark Abbott, a Geoscientist with over 25 years' experience.

 

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