Director/PDMR Shareholding

RNS Number : 0881O
Trinity Exploration & Production
15 August 2017
 

Trinity Exploration & Production plc
("Trinity" or the "Company")

 

Director/PDMR shareholding

Trinity (AIM: TRIN), the leading independent E&P company focused on Trinidad and Tobago, announces that James Menzies, Non-Executive Director, made the following share purchase:

Date purchased

Price

Volume(s)

14 August 2017

11p

250,000

Following this purchase, Mr Menzies is interested in 250,000 Ordinary shares in the Company representing 0.09 per cent of the issued share capital (voting rights), of the Company as per the following table:

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

James Menzies

2

 

Reason for the notification

 

a)

 

Position/status

 

 

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

 

 

Trinity Exploration & Production plc

b)

 

LEI

 

 

N/A

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 USD 0.01 per share par value

 

 



Identification code

GB00B8JG4R91

 


b)

 

Nature of the transaction

 

 

Acquisition of shares

c)

 

Price(s) and volume(s)

 

 

 

 


 

Date purchased

Price(s)

Volume(s)

 


 

14 August 2017

250,000

11p

 


 

 

 

 

d)

 

Aggregated information




- Aggregated volume

250,000  shares acquired at 11p a share



- Price




e)

 

Date of the transaction

 

 

14 August 2017

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

For further information please visit: www.trinityexploration.com  or contact:

 

Trinity Exploration & Production

Bruce Dingwall, Executive Chairman

Tracy Mackenzie, Head of Corporate Development

 

 

Tel: +44 (0) 131 240 3860

 

 

SPARK Advisory Partners Limited (Nominated & Financial Adviser)

Mark Brady

Miriam Greenwood

James Keeshan

 

Tel: +44 (0) 203 368 3550

Walbrook PR Limited

trinityexploration@walbrookpr.com or Tel: +44 (0) 20 7933 8780

Nick Rome

 

 

 

About Trinity (www.trinityexploration.com)

Trinity is an independent oil and gas exploration and production company focused solely on Trinidad and Tobago.  Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. 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 nine licences and, across all of the Group's assets, management's estimate of 2P reserves as at the end of 2016 was 21.3 mmbbls (excluding the Guapo-1 license which was disposed of in April 2016). Group 2C contingent resources are estimated to be 21.1 mmbbls. The Group's overall 2P plus 2C volumes are therefore 42.3 mmbbls.

 

Trinity is quoted on the AIM market of the London Stock Exchange under the ticker TRIN.

 


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