President Energy PLC Director/PDMR Shareholding (3798U)

TIDMPPC

RNS Number : 3798U

President Energy PLC

23 October 2017

THIS ANNOUNCEMENT IS RESTRICTED AND IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OF ITS TERRITORIES, CANADA, JAPAN, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA OR AUSTRALIA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

President Energy Plc

("President" or the "Company")

PDMR Dealing

Further to the announcement on 19 October 2017, President Energy Plc (AIM: PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, announces that two additional PDMR's of the Company participated in the Placing alongside those previously disclosed. The necessary disclosures can be found in the forms at the end of this announcement.

For further information please contact:

 
 President Energy Plc                            +44 (0) 207 
  Peter Levine, Chairman, Chief Executive           016 7950 
 
 finnCap (Nominated Advisor, Joint 
  Broker and Sole Bookrunner) 
 Christopher Raggett, Scott Mathieson,       [phone] 
  Emily Morris                                          0500 
 Emily Morris, Abigail Wayne 
 
                                                 +44 (0) 203 
 Camarco Financial PR                               757 4980 
 Billy Clegg, Georgia Edmonds, Mercedes 
  Valenzuela-Goldman 
 

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 
---  --------------------------------------------------------------- 
 a)   Name                             Jordan Coleman 
---  -------------------------------  ------------------------------ 
 2.   Reason for the Notification 
---  --------------------------------------------------------------- 
 a)   Position/status                  PDMR: Operations Manager 
---  -------------------------------  ------------------------------ 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  ------------------------------ 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------- 
 a)   Name                             President Energy Plc 
---  -------------------------------  ------------------------------ 
 b)   LEI                              213800MA2ZN22I4ITA79 
---  -------------------------------  ------------------------------ 
 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 
       the Financial                       of 1 pence 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B3DDP128 
       code 
---  -------------------------------  ------------------------------ 
 b)   Nature of the                      Purchase of ordinary shares 
       transaction 
---  -------------------------------  ------------------------------ 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         10p        22,854 
                                        ---------  ---------- 
---  -------------------------------  ------------------------------ 
 d)   Aggregated information: 
        *    Aggregated volume           As above 
 
 
        *    Price 
---  -------------------------------  ------------------------------ 
 e)   Date of the transaction          20 October 2017 
---  -------------------------------  ------------------------------ 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ------------------------------ 
 
 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------ 
 a)   Name                             Scott Daspit 
---  -------------------------------  --------------------------------- 
 2.   Reason for the Notification 
---  ------------------------------------------------------------------ 
 a)   Position/status                  PDMR: Vice President (Louisiana) 
---  -------------------------------  --------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  --------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                             President Energy Plc 
---  -------------------------------  --------------------------------- 
 b)   LEI                              213800MA2ZN22I4ITA79 
---  -------------------------------  --------------------------------- 
 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 
       the Financial                       of 1 pence 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B3DDP128 
       code 
---  -------------------------------  --------------------------------- 
 b)   Nature of the                      Purchase of ordinary shares 
       transaction 
---  -------------------------------  --------------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         10p        91,415 
                                        ---------  ---------- 
---  -------------------------------  --------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           As above 
 
 
        *    Price 
---  -------------------------------  --------------------------------- 
 e)   Date of the transaction          20 October 2017 
---  -------------------------------  --------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  --------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 23, 2017 11:53 ET (15:53 GMT)