Pantheon Resources PLC Director/PDMR Shareholding (0785N)

TIDMPANR

RNS Number : 0785N

Pantheon Resources PLC

03 August 2017

3 August 2017

Pantheon Resources plc

Shareholdings of directors and persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:

Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration and development company with a working interest of 50%-58% in several conventional projects in Tyler and Polk Counties, onshore East Texas was notified that two directors of the Company acquired shares in the placing announced on 27 July 2017, as follows:

   --     John (Jay) Cheatham, CEO purchased 116,279 shares at 43 pence per share on 28 July 2017 

-- Justin Hondris, Finance Director purchased 46,511 shares at 43 pence per share on 28 July 2017

 
 1     Details of PDMR/person closely associated 
        with them ('PCA') 
----  ------------------------------------------------------------- 
 a)    Name                        John Bishop Cheatham 
----  --------------------------  --------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------- 
 a)    Position/status             Chief Executive Officer 
----  --------------------------  --------------------------------- 
 b)    Initial notification        Initial notification of purchase 
        /Amendment                  of shares 
----  --------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, 
        auctioneer or auction monitor 
----  ------------------------------------------------------------- 
 a)    Name                        Pantheon Resources plc 
----  --------------------------  --------------------------------- 
 b)    LEI                         213800SWHY5DNQS64J23 
----  --------------------------  --------------------------------- 
 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                 Ordinary shares of 1 pence 
        of the financial            each 
        instrument, 
        type of instrument          GB00B125SX82 
        Identification 
        code 
----  --------------------------  --------------------------------- 
 b)    Nature of                   Purchase of ordinary shares 
        the transaction 
----  --------------------------  --------------------------------- 
 c)    Price(s) and                  Price(s)   Volume(s) 
        volume(s)                    ---------  ---------- 
                                       43.00p     116,279 
                                     ---------  ---------- 
----  --------------------------  --------------------------------- 
       Aggregated 
 d)     information 
    *    Aggregated volume          116,279 
                                     43.00p 
 
    - Price 
 -------------------------------  --------------------------------- 
 e)    Date of the                 28 July 2017 
        transaction 
----  --------------------------  --------------------------------- 
 f)    Place of the                XLON 
        transaction 
----  --------------------------  --------------------------------- 
 
 
 1     Details of PDMR/person closely associated 
        with them ('PCA') 
----  ------------------------------------------------------------- 
 a)    Name                        Justin Hondris 
----  --------------------------  --------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------- 
 a)    Position/status             Director, Finance and Corporate 
                                    Development 
----  --------------------------  --------------------------------- 
 b)    Initial notification        Initial notification of purchase 
        /Amendment                  of shares 
----  --------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, 
        auctioneer or auction monitor 
----  ------------------------------------------------------------- 
 a)    Name                        Pantheon Resources plc 
----  --------------------------  --------------------------------- 
 b)    LEI                         213800SWHY5DNQS64J23 
----  --------------------------  --------------------------------- 
 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                 Ordinary shares of 1 pence 
        of the financial            each 
        instrument, 
        type of instrument          GB00B125SX82 
        Identification 
        code 
----  --------------------------  --------------------------------- 
 b)    Nature of                   Purchase of ordinary shares 
        the transaction 
----  --------------------------  --------------------------------- 
 c)    Price(s) and                  Price(s)   Volume(s) 
        volume(s)                    ---------  ---------- 
                                       43.00p     46,511 
                                     ---------  ---------- 
----  --------------------------  --------------------------------- 
       Aggregated 
 d)     information 
    *    Aggregated volume          46,511 
                                     43.00p 
 
    - Price 
 -------------------------------  --------------------------------- 
 e)    Date of the                 28 July 2017 
        transaction 
----  --------------------------  --------------------------------- 
 f)    Place of the                XLON 
        transaction 
----  --------------------------  --------------------------------- 
 

Further information:

 
                                            [phone] 
Pantheon Resources plc                       5359 
Jay Cheatham, CEO 
Justin Hondris, Director, Finance 
 and Corporate Development 
 
Stifel Nicolaus Europe Limited (Nominated   [phone] 
 Adviser and broker)                         7600 
Callum Stewart 
Ashton Clanfield 
 Nicholas Rhodes 
 
                                            [phone] 
FTI Consulting                               1000 
Ed Westropp 
James Styles 
 

For further information on Pantheon Resources plc, see the website at: www.pantheonresources.com

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 03, 2017 11:56 ET (15:56 GMT)