Director/PDMR Shareholdings

RNS Number : 9952W
Independent Oil & Gas PLC
24 April 2019
 

24 April 2019

Independent Oil & Gas PLC

("IOG" or the "Company")

Director/PDMR Shareholdings

 

Independent Oil and Gas plc (AIM: IOG.L), the development and production focused oil and gas company, announces that further to the completion of the Company's Placing, Subscription and Open Offer (together the "Fundraising"), IOG is pleased to confirm the participation in the Fundraising by certain Directors and persons discharging managerial responsibilities ("PDMRs") of the Company. Their participation in the Fundraising and revised shareholdings are shown below:

 

Director/Senior manager

Role

Number of Subscription Shares subscribed for

Number of Open Offer Shares received  

Resultant number of Ordinary Shares held

Percentage of Enlarged Share Capital held

Fiona MacAulay

Non-Executive Chair

200,000

-

200,000

0.06%

Andrew Hockey

CEO

100,000

-

100,000

0.03%

Mark Hughes

COO

100,000

28,105

306,105

0.09%

James Chance

CFO (PDMR)

100,000

-

100,000

0.03%

Esa Ikaheimonen

Non-Executive Director

500,000

-

500,000

0.15%

Rupert Newall

Head of Corporate Finance (PDMR)

300,000

-

300,000

0.09%

Gavin Milne

Financial Controller (PDMR)

100,000

-

100,000

0.03%

 

For more information please contact:

Independent Oil & Gas PLC

Andrew Hockey (CEO)

James Chance (CFO)
Rupert Newall (Head of Corporate Finance)

+44 (0) 20 3879 0510

 

finnCap Ltd (Nominated Adviser and Joint Bookrunner)

Christopher Raggett, Simon Hicks (Corporate Finance)

Camille Gochez (Corporate Broking)

 

+44 (0) 20 7220 0500

 

Peel Hunt LLP (Joint Bookrunner)

Richard Crichton

David McKeown

 

+44 (0) 20 7418 8900

 

GMP First Energy (Joint Bookrunner)

Jonathan Wright

 

+44 (0) 20 7448 0200

 

Vigo Communications

Patrick d'Ancona

Chris McMahon

Simon Woods

 

+44 (0) 20 7390 0230

 



 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Fiona MacAulay 

2.

Reason for the notification

(a)

Position/status

Non-Executive Chair

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Independent Oil and Gas plc

(b)

LEI

2138005OA2NLZS2NRT74

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

Independent Oil & Gas plc Ordinary Shares of 1p each          

(b)

Identification code of the Financial Instrument

ISIN: GB00BF49WF64 

(c)

Nature of the transaction

Subscription for Ordinary Shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



10p

200,000




(e)

Aggregated information

-        Aggregated volume

-      Price

 

n/a

(f)

Date of the transaction

24 April 2019

(g)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Andrew Hockey 

2.

Reason for the notification

(a)

Position/status

CEO

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Independent Oil and Gas plc

(b)

LEI

2138005OA2NLZS2NRT74

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

Independent Oil & Gas plc Ordinary Shares of 1p each   

(b)

Identification code of the Financial Instrument

ISIN: GB00BF49WF64 

(c)

Nature of the transaction

Subscription for Ordinary Shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



10p

100,000




(e)

Aggregated information

-        Aggregated volume

-      Price

 

n/a

(f)

Date of the transaction

24 April 2019

(g)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Mark Hughes

2.

Reason for the notification

(a)

Position/status

COO

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Independent Oil and Gas plc

(b)

LEI

2138005OA2NLZS2NRT74

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

Independent Oil & Gas plc Ordinary Shares of 1p each   

(b)

Identification code of the Financial Instrument

ISIN: GB00BF49WF64 

(c)

Nature of the transaction

Subscription for Ordinary Shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



10p

100,000




(e)

Aggregated information

-        Aggregated volume

-      Price

 

n/a

(f)

Date of the transaction

24 April 2019

(g)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Mark Hughes

2.

Reason for the notification

(a)

Position/status

COO

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Independent Oil and Gas plc

(b)

LEI

2138005OA2NLZS2NRT74

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

Independent Oil & Gas plc Ordinary Shares of 1p each   

(b)

Identification code of the Financial Instrument

ISIN: GB00BF49WF64 

(c)

Nature of the transaction

Purchase of Ordinary Shares in Open Offer

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



10p

28,105




(e)

Aggregated information

-        Aggregated volume

-      Price

 

n/a

(f)

Date of the transaction

24 April 2019

(g)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

James Chance

2.

Reason for the notification

(a)

Position/status

CFO (PDMR)

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Independent Oil and Gas plc

(b)

LEI

2138005OA2NLZS2NRT74

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

Independent Oil & Gas plc Ordinary Shares of 1p each   

(b)

Identification code of the Financial Instrument

ISIN: GB00BF49WF64 

(c)

Nature of the transaction

Subscription for Ordinary Shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



10p

100,000




(e)

Aggregated information

-        Aggregated volume

-      Price

 

n/a

(f)

Date of the transaction

24 April 2019

(g)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Esa Ikaheimonen

2.

Reason for the notification

(a)

Position/status

Non-Executive Director

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Independent Oil and Gas plc

(b)

LEI

2138005OA2NLZS2NRT74

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

Independent Oil & Gas plc Ordinary Shares of 1p each   

(b)

Identification code of the Financial Instrument

ISIN: GB00BF49WF64 

(c)

Nature of the transaction

Subscription for Ordinary Shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



10p

500,000




(e)

Aggregated information

-        Aggregated volume

-      Price

 

n/a

(f)

Date of the transaction

24 April 2019

(g)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Rupert Newall    

2.

Reason for the notification

(a)

Position/status

Head of Corporate Finance (PDMR)

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Independent Oil and Gas plc

(b)

LEI

2138005OA2NLZS2NRT74

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

Independent Oil & Gas plc Ordinary Shares of 1p each   

(b)

Identification code of the Financial Instrument

ISIN: GB00BF49WF64 

(c)

Nature of the transaction

Subscription for Ordinary Shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



10p

300,000




(e)

Aggregated information

-        Aggregated volume

-      Price

 

n/a

(f)

Date of the transaction

24 April 2019

(g)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Gavin Milne

2.

Reason for the notification

(a)

Position/status

Financial Controller (PDMR)

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Independent Oil and Gas plc

(b)

LEI

2138005OA2NLZS2NRT74

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

Independent Oil & Gas plc Ordinary Shares of 1p each   

(b)

Identification code of the Financial Instrument

ISIN: GB00BF49WF64 

(c)

Nature of the transaction

Subscription for Ordinary Shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



10p

100,000




(e)

Aggregated information

-        Aggregated volume

-      Price

 

n/a

(f)

Date of the transaction

24 April 2019

(g)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 


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