Director/PDMR Shareholding

RNS Number : 8076Q
Trinity Exploration & Production
30 June 2022
 

Trinity Exploration & Production plc

("Trinity" or 'the Group' or "the Company")

 

Director / PDMR Dealings

Trinity Exploration & Production plc (AIM: TRIN ), the independent E&P company focused on Trinidad and Tobago, announces that on 29 June 2022, Nicholas Clayton , Non-Executive Chairman, purchased 20,000 shares in the Company at a price of GBP1.0240 per share.

Following this transaction, Mr Clayton is interested in 30,000 Ordinary shares in the Company representing 0.077 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

Nicholas Clayton

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Trinity Exploration & Production plc

b)

Legal Entity Identifier

213800WHW7571LAEDG63

 

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

Identification code

Ordinary shares of USD 0.01 per share par value

GB00B8JG4R91

 

b)

Nature of the transaction

Purchase

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.0240

 

20,000

 

e)

Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total

 

20,000

£1.0240

£20,480

 

f)

Date of the transaction

29.06.2022

 

g)

Place of the transaction

London Stock Exchange, AIM

 

 

Enquiries:

Trinity Exploration & Production plc

Nick Clayton, Non- Executive Chairman

Jeremy Bridglalsingh, Chief Executive Officer

 

Via Walbrook

SPARK Advisory Partners Limited ( Nominated Adviser and Financial Adviser)

Mark Brady

James Keeshan

 

Tel: +44 (0)20 3368 3550

Cenkos Securities PLC (Broker)

Leif Powis

Neil McDonald

 

Tel: +44 (0)20 7397 8900

  +44(0)131 220 6939

Walbrook PR Limited

Nick Rome /Tom Cooper

 

 

 

Tel: +44 (0)20 7933 8780

trinityexploration@walbrookpr.com

 

About Trinity (www.trinityexploration.com)

Trinity is an independent oil 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 ten licences and, across all of the Group's assets, management's estimate of the Group's 2P reserves as at the end of 2021 was 19.73 mmbbls. Group 2C contingent resources are estimated to be 47.22 mmbbls. The Group's overall 2P plus 2C volumes are therefore 66.95 mmbbls.

 

 

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