Director/PDMR Shareholding

RNS Number : 7343R
Trinity Exploration & Production
25 September 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 Angus Winther, Non-Executive Director, made the following share purchase:

Date purchased

Price

Volume(s)

25 September 2017

12.25p

408,163

Following this purchase, Mr Winther is interested in 23,065,178 Ordinary shares in the Company representing 8.16 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

 

 

 

Angus Winther

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)

 


 

25 September 2017

408,163

12.25p

 


 

 

 

 

d)

 

Aggregated information




- Aggregated volume

408,163 shares acquired at 12.25p a share



- Price




e)

 

Date of the transaction

 

 

25 Septermber 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

Jeremy Bridglalsingh, Chief Financial Officer

 

 

Tel: +44 (0) 131 240 3860

 

 

SPARK Advisory Partners Limited (NOMAD & Financial Adviser)

Mark Brady

Miriam Greenwood

James Keeshan

 

Tel: +44 (0) 203 368 3550

Cantor Fitzgerald Europe (Broker)

David Porter

Sebastien Maurin

Tel: +44 (0) 207 894 7000



Whitman Howard Limited (Equity Advisor)

Nick Lovering

 

Tel: +44 (0) 207 659 1234

Walbrook PR Limited

Nick Rome

trinityexploration@walbrookpr.com or Tel: +44 (0) 207 933 8780

 

 

About Trinity

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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