PDMR Dealing

Buccaneer Energy PLC

12 August 2026

 

12 August 2026

Buccaneer Energy Plc

("Buccaneer" or the "Company")

PDMR Dealing

Buccaneer Energy (AIM: BUCE), the international oil & gas exploration and production company, announces that, further to the announcement made at 7:00am on 12 August 2026, the Company's directors, Paul Welch (Chief Executive Officer), Dr Stephen Staley (Non-Executive Chairman) and Jim Newman (Non-Executive Director) have subscribed £5,000, £5,750 and £5,750 respectively for new Ordinary Shares in the Company in relation to the Subscription.

The expected shareholdings of the Directors following the Placing, the Subscription, and the Fee Conversion, and their respective resulting interests in the Enlarged Share Capital, are set out below:

Director	Number of Existing Ordinary Shares held	Subscription Shares subscribed for in Subscription	Ordinary Shares held on Admission	Percentage of Enlarged Share Capital on Admission
Paul Welch	253,268,291	57,500,000	310,768,921	1.34%
Stephen Staley	132,969,077	50,000,000	182,969,077	0.79%
Jim Newman*	493,701,766	57,500,000	551,201,766	2.38%

*including 493,701,766 existing ordinary shares held by Dos Hermanos International, LLC, of which Mr Newman is a principal.

The FCA notification in relation to the above and made in accordance with the requirements of the UK Market Abuse Regulation is appended further below.

Capitalised terms used in this announcement shall have the same meaning as in the announcement issued by the Company at 7:00am on 12 August 2026.

For further information, contact:

Buccaneer Energy plc Paul Welch, CEO	Email:	[e-mail]
Allenby Capital Limited (Nominated Adviser and Joint Broker) Jeremy Porter / Alex Brearley	Tel:	[phone]
SP Angel Corporate Finance LLP (Joint Broker) Stuart Gledhill / Richard Hail / Adam Cowl	Tel:	[phone]
Celicourt Communications (PR/IR) Mark Antelme / Charles Denley-Myerson	Tel: Email:	[phone] [e-mail]

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 (PCA)
a)	Name	Paul Welch Chief Executive Officer Stephen Staley Non-Executive Chair Jim Newman Non-Executive Director
2	Reason for the notification
a)	Position/status	See 1a) above
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Buccaneer Energy plc
b)	LEI	213800JO9A4LO19YJ129
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 0.01p each in Buccaneer Energy plc Identification code (ISIN) for Buccaneer Energy plc ordinary shares: GB00BZ76F335
b)	Nature of the transaction	Fundraising for New Ordinary Shares
c)	Price(s) and volume(s)	Price: 0.01 pence Volumes: Paul Welch 57,500,000 Stephen Staley 50,000,000 Jim Newman 57,500,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	12 August 2026
f)	Place of the transaction	Outside a trading venue

 

END