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Wentworth Resources (WEN)

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Monday 25 November, 2019

Wentworth Resources

Director/PDMR Shareholding

RNS Number : 4403U
Wentworth Resources PLC
25 November 2019
 

 

PRESS RELEASE                                                                                                                                  25 November 2019

WENTWORTH RESOURCES PLC
("Wentworth" or the "Company")

Director/PDMR Dealing

Wentworth (AIM: WEN), the AIM listed independent, East Africa-focused oil & gas company announces that Iain McLaren purchased 202,502 ordinary shares of no par value at an average price of 19.59p per share in the Company, equating to an aggregate value of £39,677.56.

Following this purchase, Iain McLaren holds a total of 302,502 ordinary shares, representing 0.16% of the outstanding share capital of the Company.

 1.       

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Iain Archibald McLaren

2.       

Reason for the notification

a)

Position/status:

 

NED

b)

Initial notification/Amendment:

 

Initial Notification

3.       

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

a)

Name

Wentworth Resources PLC

b)

LEI:

213800L172PPXRPJZM82

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 no par value in Wentworth Resources Plc

 

JE00BGT34J81

b)

Nature of the transaction:

 

Acquisition of ordinary shares of no par value in Wentworth Resources Ltd.

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

Date

0.178

2,502

12/11/2019

0.195822

100,000

20/11/2019

0.1965

100,000

22/11/2019

 

d)

Aggregated information:

· Aggregated volume:

· Price:

 

202,502

19.59p per share

e)

Date of the transaction:

12/11/2019 - 22/11/2019

f)

Place of the transaction:

XLON


-Ends-

Enquiries:
Wentworth

 

Katherine Roe,

Interim Chief Executive Officer and Chief Financial Officer

 

 

[email protected]

+44 (0)118 2065428

 

 

Stifel Nicolaus Europe Limited

 

Nominated Adviser and Broker
Callum Stewart
Ashton Clanfield

Simon Mensley

 

 

+44 (0) 20 7710 7600

 

Peel Hunt LLP

 

Broker
Richard Crichton
Ross Allister

 

 

+44 (0) 20 7418 8900

 

Vigo

 

Investor Relations Adviser (UK)
Patrick d'Ancona

Chris McMahon

 

 

+44 (0) 20 7390 0230

About Wentworth Resources

Wentworth Resources is a publicly traded (AIM: WEN), independent oil & gas company with natural gas production, exploration and appraisal opportunities in the Rovuma Delta Basin of coastal southern Tanzania.

Inside Information

This announcement does not contain inside information.

 


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