Director/PDMR Shareholding

RNS Number : 6562S
SEPLAT Petroleum Development Co PLC
26 June 2018
 

USeplat Petroleum Development Company Plc ("SEPLAT" or the "Company")

UAnnouncement on Notification of Dealing in Shares by a PDMR

 

Lagos and London - 26 June 2018:

 

The Company was notified of the sale of 112,378 ordinary shares registered in the name of Mr. Ojunekwu Austin Avuru, the Chief Executive Officer of the Company. Following the sale, Mr. Avuru now holds a direct interest in 1,026,484 ordinary shares and an indirect interest in 74,336, 174 ordinary shares of the Company totalling 75,362,658 shares which equates to a voting interest of 12.8% (based on Issued Share Capital of 588,444,561).

 

Further details of the transaction are set out in the attached Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them.

 

This notification is made in accordance with Rule 12 of the Amendments to the Listing Rules of the Nigerian Stock Exchange and Article 19 of the UK Market Abuse Regulations.

 

 

Dr. Mirian Kene Kachikwu

Company Secretary

FOR: SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC.

 

 

 

Details of duly authorised officer of issuer responsible for making notification:

 

Roger Brown, CFO                                                        +44 (0) 203 725 6500

 

Investor enquiries:

 

Andrew Dymond, Investor Relations                        +44 (0) 203 725 6500

 

 

 

 

Form for 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

 

Ojunekwu Augustine Avuru

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial notification

 

3

 

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

 

a)

 

Name

 

SEPLAT Petroleum Development Company Plc

b)

 

LEI

 

029200711C4S4CB2E982

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

Shares (NGSEPLAT0008)

 

 

Identification code

 

 

 

b)

 

Nature of the transaction

 

 

Sale of shares registered in the name of Ojunekwu Austin Avuru

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

NGN719.74 (Average Price)

112,378

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

112,378

 

 

- Price

NGN719.74 (Average Price)

 

 

e)

 

Date of the transaction

 

 

Over a period of one month (1st -31st May, 2018)

f)

 

Place of the transaction

 

 

Lagos, Nigeria

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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