Director's Dealing and Shareholding

RNS Number : 1167Q
San Leon Energy PLC
24 November 2016
 

24 November 2016

 

San Leon Energy plc ("San Leon" or the "Company") 

Director's Dealing and Shareholding

San Leon Energy, the AIM listed company focused on oil and gas development and appraisal in Africa and Europe, announces that it was informed today that Mr Kristian Ewen Ainsworth, the Finance Director of the Company sold 66,666 ordinary shares of no par value in the Company ("Ordinary Shares") held in his own name at a price of 42.5 pence per Ordinary Share on 24 November 2016.

On 24 November 2016, Mr Ainsworth then acquired an interest in 66,666 Ordinary Shares, which are held in his Stocks and Shares ISA in the registered name Mr Kristian Ewen Ainsworth, at a price of 42.55 pence per Ordinary Share.

Following the sale and purchase above, and allowing for dealing costs, Mr Ainsworth's total beneficial interest in the issued Ordinary Share capital now consists of 66,666 Ordinary Shares (which represents approximately 0.02% of the Company's issued Ordinary Share capital), held in the following registered name[s]:

66,666 Ordinary Shares are registered in the name of Mr Kristian Ewen Ainsworth and held in a Stocks and Share ISA;

Market Abuse Regulation (MAR) Disclosure

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the directors' participation in the Placing.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Kristian Ewen Ainsworth

2.     

Reason for the notification

a)

Position/status:

Finance Director

b)

Initial notification/Amendment:

Initial notification

3.     

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

San Leon Energy Plc

b)

LEI:


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 EUR 0.01                   

IE00BWVFTP56

b)

Nature of the transaction:

Sale of shares

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

42.5 pence

 

66,666

 

 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)

Volume(s)

42.5 pence

 

66,666

 

 

e)

Date of the transaction:

2016-11-24

15.34 hrs UTC

f)

Place of the transaction:

London Stock Exchange, AIM

 

 

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Kristian Ewen Ainsworth

2.     

Reason for the notification

a)

Position/status:

Finance Director

b)

Initial notification/Amendment:

Initial notification

3.     

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

San Leon Energy Plc

b)

LEI:


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 Euro 0.01                   

IE00BWVFTP56

b)

Nature of the transaction:

Purchase of shares through ISA

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

42.55 pence

 

66,666

 

 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)

Volume(s)

42.55 pence

 

66,666

 

 

e)

Date of the transaction:

2016-11-24

15.34 hrs UTC

f)

Place of the transaction:

London Stock Exchange, AIM

 

**ENDS**

Enquiries:

San Leon Energy plc
Oisin Fanning, Executive Chairman

 

+353 1291 6292

Brandon Hill Capital Limited
Joint Broker

Oliver Stansfield
Jonathan Evans

 

+44 (0) 20 3463 5000

SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker

Ewan Leggat
Richard Morrison

 

+44 (0) 20 3470 0470

Whitman Howard Limited
Joint Broker

Nick Lovering
Francis North

 

+44 (0) 20 7659 1234

Vigo Communications
Financial Public Relations

Chris McMahon
Alexandra Roper

 

+44 (0) 20 7830 9700

Plunkett Public Relations
Sharon Plunkett

 

+353 (0) 1 280 7873

 

www.sanleonenergy.com 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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