President Energy PLC Director Dealings (1849F)

TIDMPPC

RNS Number : 1849F

President Energy PLC

26 July 2016

26 July 2016

PRESIDENT ENERGY PLC

("President" or "the Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company received notice on 25 July 2016 that, on the same day, Peter Levine, Chairman, through PLLG Investments Limited, purchased 300,000 ordinary shares at 9.5 pence per share. Following this transaction, Mr. Levine's beneficial holding in the Company amounts to 122,788,336 shares representing 23.37% of the issued share capital of the Company.

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------------- 
 a.   Name                            Peter Levine 
---  ------------------------------  ------------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------------- 
 a.   Position/status                 Chairman 
---  ------------------------------  ------------------------------- 
 b.   Initial notification            Initial notification 
       /Amendment 
---  ------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------- 
 a.   Name                            President Energy plc 
---  ------------------------------  ------------------------------- 
 b.   LEI                             N/A 
---  ------------------------------  ------------------------------- 
 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 
       instrument, 
       type 
       of instrument 
       Identification 
       code 
---  ------------------------------  ------------------------------- 
 b.   Nature of 
       the transaction                  Purchase of shares 
---  ------------------------------  ------------------------------- 
 c.   Price(s)                          Price(s)     Volume(s) 
       and volume(s)                    -----------  ---------- 
                                         9.5 pence    300,000 
                                        -----------  ---------- 
---  ------------------------------  ------------------------------- 
 d.        Aggregated 
            information                            N/A 
             *    Aggregated volume 
 
 
             *    Price 
---  ------------------------------  ------------------------------- 
 e.   Date of the                     2016-07-25 
       transaction 
---  ------------------------------  ------------------------------- 
 f.   Place of                        AIM Market of the London Stock 
       the transaction                 Exchange 
---  ------------------------------  ------------------------------- 
 

Contact:

 
  President Energy 
    PLC 
    Peter Levine, Chairman 
    Miles Biggins,             [phone] 
    COO                        [phone] 
   Peel Hunt LLP (NOMAD) 
    Richard Crichton, 
    Ross Allister             [phone] 
   BMO Capital Markets 
    Neil Haycock, Tom 
    Rider 
    and Jeremy Low            [phone] 
   Bell Pottinger 
    Gavin Davis, Henry 
    Lerwill and Charles 
    Stewart                    [phone] 
 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 26, 2016 02:01 ET (06:01 GMT)