Director/PDMR Shareholding

RNS Number : 2104A
Zenith Energy Ltd
31 January 2022
 

 January 31, 2022

 

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Director/ PDMR Shareholding

Zenith Energy Ltd. ("Zenith" or the "Company") (LSEZEN; OSE: ZENA),   the listed international energy production and development company, is pleased to announce that its Chief Executive Officer, Mr. Andrea Cattaneo, has notified the  Company that he has today purchased a total of 39,029,728 common shares of no par value ("Common Shares") in the capital of the Company at a price of £0.0825 per Common Share (equivalent to approximately NOK 0.10).

Following the dealing, Mr. Cattaneo is directly beneficially interested in a total of 102,468,240 common shares in the capital of the Company, representing 5.47 percent of the total issued and outstanding common share capital of the Company. 

  Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

 

Further Information: 

Zenith Energy Ltd   

Andrea Cattaneo, Chief Executive Officer

Tel: +1 (587) 315 9031


E:    info@zenithenergy.ca

Allenby Capital Limited - Financial Adviser & Broker   

Nick Harriss

Nick Athanas

Tel: + 44 (0) 203 328 5656

Celicourt Communications (Financial PR)   

Mark Antelme 

Jimmy Lea

Tel: +44 (0) 208 434 2643

E:    zenithenergy@celicourt.uk

 

 

 

Notes to Editors                

Zenith Energy Ltd. is an international oil and gas production company, listed on the London Stock Exchange (LSE:ZEN) and the Euronext Growth Market of the Oslo Stock Exchange (OSE:ZENA).

Zenith's development strategy is to identify and rapidly complete value-accretive hydrocarbon production opportunities in the oil & gas sector, specifically in Africa.

Follow us on LinkedIn: https://www.linkedin.com/company/zenith-energy-limited/

 

NOTIFICATION 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

Andrea Cattaneo

 

2

Reason for the notification

 

a)

Position/status

Chief Executive Officer & President 

 

b)

Initial notification/Amendment

Initial Notification

 

3

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

 

a)

Name

Zenith Energy Ltd.

 

b)

LEI

213800AYTYOYD61S4569 

 

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

 

Common Shares of No Par Value

 

 

 

Identification code

CA98936C1068

 

b)

Nature of the transaction

Purchase of Common Shares  

 

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

 

£0.0825

39,029,728

 

d)

Date of the transaction(s)

January 31, 2022

 

e)

Place of the transaction

 Off Market 

 

 

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