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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Lgo Energy | LSE:LGO | London | Ordinary Share | GB00BDGJ2R22 | ORD 0.05P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.05 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMLGO
RNS Number : 5378S
LGO Energy PLC
21 December 2016
For Immediate Release
21 December 2016
LGO ENERGY PLC
("LGO" or the "Company")
Director/PDMR dealings
LGO was informed today that Steve Horton, Chairman, Neil Ritson, Chief Executive Officer, James Thadchanamoorthy, Finance Director, and Michael Douglas, Non-Executive Director, today each purchased ordinary shares of 0.05p each in the Company ("Ordinary Shares") as summarized below:
Hot Features
Premium
Director Ordinary Purchase Holding New holding % TVR
Shares price before
purchased the purchase
------------------------ ----------- --------- -------------- ------------ ------
Neil Ritson 7,500,000 0.1125p 17,500,000 25,000,000 0.30%
------------------------ ----------- --------- -------------- ------------ ------
James Thadchanamoorthy 7,859,999 0.1100p 7,140,001 15,000,000 0.18%
------------------------ ----------- --------- -------------- ------------ ------
Michael Douglas 8,000,000 0.1148p 0 8,000,000 0.10%
------------------------ ----------- --------- -------------- ------------ ------
Steve Horton 4,000,000 0.1148p 1,000,000 5,000,000 0.06%
------------------------ ----------- --------- -------------- ------------ ------
Neil Ritson, LGO's Chief Executive, commented:
"Following the corporate update announcement made earlier today, the Company is no longer in the closed period entered in April 2015, and the Directors have chosen to buy shares on the open market."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries:
LGO Energy plc +44 (0) 20 3794 9230 Neil Ritson Beaumont Cornish Limited +44(0) 20 7628 3396 Nomad Rosalind Hill Abrahams Roland Cornish FirstEnergy Capital LLP +44(0) 20 7448 0200 Joint Broker Jonathan Wright David van Erp Bell Pottinger +44 (0) 20 3772 2500 Financial PR Henry Lerwill
The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transactions as described above.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------
a) Name Neil Ritson
--- ------------------------ -------------------------------
2 Reason for notification
--- ---------------------------------------------------------
a) Position / status Chief Executive
--- ------------------------ -------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name LGO Energy plc
--- ------------------------ -------------------------------
b) LEI Not applicable
--- ------------------------ -------------------------------
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 Ordinary shares of 0.05 pence
the financial each in LGO Energy plc
instrument, type
of instrument ISIN GB00B1TWX932
Identification
code
--- ------------------------ -------------------------------
Nature of the Purchase of 7,500,000 ordinary
transaction shares
--- ------------------------ -------------------------------
Price(s) and Price(s) Volumes(s)
volumes(s) --------- -----------
0.1125p 7,500,000
--------- -----------
--- ------------------------ -------------------------------
d) Aggregated information n/a
--- ------------------------ -------------------------------
e) Date of the transaction 21 December 2016
--- ------------------------ -------------------------------
f) Place of the London Stock Exchange, AIM
transaction (XLON)
--- ------------------------ -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------
a) Name James Thadchanamoorthy
--- ------------------------ -------------------------------
2 Reason for notification
--- ---------------------------------------------------------
a) Position / status Finance Director
--- ------------------------ -------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name LGO Energy plc
--- ------------------------ -------------------------------
b) LEI Not applicable
--- ------------------------ -------------------------------
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 Ordinary shares of 0.05 pence
the financial each in LGO Energy plc
instrument, type
of instrument ISIN GB00B1TWX932
Identification
code
--- ------------------------ -------------------------------
Nature of the Purchase of 7,859,999 ordinary
transaction shares
--- ------------------------ -------------------------------
Price(s) and Price(s) Volumes(s)
volumes(s) --------- -----------
0.1100p 7,859,999
--------- -----------
--- ------------------------ -------------------------------
d) Aggregated information n/a
--- ------------------------ -------------------------------
e) Date of the transaction 21 December 2016
--- ------------------------ -------------------------------
f) Place of the London Stock Exchange, AIM
transaction (XLON)
--- ------------------------ -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------
a) Name Stephen T. Horton
--- ------------------------ -------------------------------
2 Reason for notification
--- ---------------------------------------------------------
a) Position / status Chairman
--- ------------------------ -------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name LGO Energy plc
--- ------------------------ -------------------------------
b) LEI Not applicable
--- ------------------------ -------------------------------
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 Ordinary shares of 0.05 pence
the financial each in LGO Energy plc
instrument, type
of instrument ISIN GB00B1TWX932
Identification
code
--- ------------------------ -------------------------------
Nature of the Purchase of 4,000,000 ordinary
transaction shares
--- ------------------------ -------------------------------
Price(s) and Price(s) Volumes(s)
volumes(s) --------- -----------
0.1148p 4,000,000
--------- -----------
--- ------------------------ -------------------------------
d) Aggregated information n/a
--- ------------------------ -------------------------------
e) Date of the transaction 21 December 2016
--- ------------------------ -------------------------------
f) Place of the London Stock Exchange, AIM
transaction (XLON)
--- ------------------------ -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------
a) Name Michael Douglas
--- ------------------------ -------------------------------
2 Reason for notification
--- ---------------------------------------------------------
a) Position / status Non-Executive Director
--- ------------------------ -------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name LGO Energy plc
--- ------------------------ -------------------------------
b) LEI Not applicable
--- ------------------------ -------------------------------
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 Ordinary shares of 0.05 pence
the financial each in LGO Energy plc
instrument, type
of instrument ISIN GB00B1TWX932
Identification
code
--- ------------------------ -------------------------------
Nature of the Purchase of 8,000,000 ordinary
transaction shares
--- ------------------------ -------------------------------
Price(s) and Price(s) Volumes(s)
volumes(s) --------- -----------
0.1148p 8,000,000
--------- -----------
--- ------------------------ -------------------------------
d) Aggregated information n/a
--- ------------------------ -------------------------------
e) Date of the transaction 21 December 2016
--- ------------------------ -------------------------------
f) Place of the London Stock Exchange, AIM
transaction (XLON)
--- ------------------------ -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHBRBDDXBDBGLB
(END) Dow Jones Newswires
December 21, 2016 12:18 ET (17:18 GMT)
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