Director/PDMR Shareholding

RNS Number : 6008M
Sound Energy PLC
30 April 2018
 

30 April 2018

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Director/PDMR Shareholding

 

Sound Energy, the Moroccan focused upstream gas company, announces that it has been notified that Greenberry plc ("Greenberry") has today purchased 100,000 ordinary shares in the Company ("Ordinary Shares") at an average price of 40.46 pence per Ordinary Share.

 

As a result of this purchase of Ordinary Shares, Continental Investment Partners SA ("CIP") and its affiliates are interested in a total of 18,775,509 Ordinary Shares, representing 1.85% of the Company's issued ordinary share capital.

 

Marco Fumagalli, a director of the Company, is Founding Partner of, and a 25% shareholder in, CIP. Greenberry is an affiliate of Continental by virtue of its common ownership.

 

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

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon 

Kate Rogucheva

 

Tel: +44 (0)20 7830 9700

Sound Energy

James Parsons, Chief Executive Officer 

 

j.parsons@soundenergyplc.com

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: +44 (0)20 7131 4000

RBC Capital Markets - Joint Broker

Matthew Coakes

Martin Copeland

Laura White

  Tel: +44 (0)20 7653 4000

Macquarie Capital (Europe) Limited - Joint Broker

Alex Reynolds

Nick Stamp

  Tel: +44 (0)20 3031 2000

 

 

 

NOTIFICATIONS 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

 

 

Greenberry plc

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Notification concerns a PCA, being a legal person the managerial responsibilities of which are discharged by Marco Fumagalli, a PDMR (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

 

 

Sound Energy plc

b)

 

LEI

 

 

213800VQKS2TU6FOW115

 

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

Ordinary shares of 1p each



Identification code

GB00B90XFF12



b)

 

Nature of the transaction

 

 

Purchase of ordinary shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£0.4848

6,376




£0.4054

2,137




£0.4052

13,103




£0.4050

70,000




£0.4000

2,706




£0.4000

5,678







d)

 

Aggregated information




- Aggregated volume

100,000



- Price

£40,460.28



e)

 

Date of the transaction

 

 

30 April 2018

f)

 

Place of the transaction

 

 

AIMX

 


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