Director/PDMR Shareholding

RNS Number : 4155E

Trinity Exploration & Production

10 May 2013

 



Trinity Exploration & Production plc

(the "Company", the "Enlarged Group" or "Trinity"; AIM:TRIN)

10 May 2013

Director/PDMR Shareholding

Trinity Exploration & Production plc ("Trinity" or the "Company"), (Ticker Symbol: TRINI), the leading independent E&P company focused on Trinidad and Tobago, announces that it was informed of the following dealings by directors of the Company:

On 8 May 2013 Joel Pemberton, Chief Executive Officer, purchased 28,500 ordinary shares in the capital of the Company at a price of £1.08 per share. Following this purchase Joel Pemberton is interested in 522,815 ordinary shares in the Company, representing approximately 0.55 per cent of the issued share capital of the Company.

On 9 May 2013 Jonathan Murphy, non-executive Director, purchased 100,000 ordinary shares in the capital of the Company at a price of £1.08 per share.  Following this purchase Jonathan Murphy is interested in 4,977,421 ordinary shares in the Company, representing approximately 5.25 per cent of the issued share capital of the Company.

Enquiries

Trinity Exploration & Production Monty Pemberton, Chief Executive Officer Robert Gair, Corporate Development Manager	Tel: [phone]
RBC Capital Markets (NOMAD & Joint Broker) Tim Chapman Matthew Coakes Daniel Conti	Tel: [phone]
Jefferies (Joint Broker) Chris Zeal Graham Hertrich	Tel: [phone]
Brunswick Group LLP (PR Adviser) Patrick Handley Catriona McDermott	Tel: [phone]

About Trinity

Trinity is the largest independent E&P company focused on Trinidad and Tobago.  Trinity operates assets onshore and offshore on both the West and East coasts. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth.  The Company operates all of its licences and has 2P reserves of 36 mmbbl and current production of c. 3,900 bopd.  Trinity is listed on the AIM market of the London Stock Exchange under the ticker TRIN.LN.

 

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