Sound Energy PLC Director/PDMR Shareholding (9053A)

TIDMSOU

RNS Number : 9053A

Sound Energy PLC

29 March 2017

29 March 2017

Sound Energy plc

("Sound Energy" or the "Company")

Director/PDMR Shareholding

Sound Energy, the African and European focused upstream gas company, announces that it has been notified that James Parson's, the Company's Chief Executive Officer, has today purchased 27,033 ordinary shares in the Company ("Ordinary Shares") at a price of 73.965 pence per Ordinary Share.

As a result of this purchase of Ordinary Shares, James Parsons is interested in 1,668,029 Ordinary Shares, representing 0.25% of the Company's issued ordinary share capital.

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

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                              James Parsons 
----  --------------------------------  ----------------------------- 
 2     Reason for the notification 
----  --------------------------------------------------------------- 
 a)    Position/status 
                                           PDMR (Director of Sound 
                                           Energy plc). 
----  --------------------------------  ----------------------------- 
 b)    Initial notification/Amendment    Initial Notification 
----  --------------------------------  ----------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  --------------------------------------------------------------- 
 a)    Name                              Sound Energy plc 
----  --------------------------------  ----------------------------- 
 b)    LEI                               - 
----  --------------------------------  ----------------------------- 
 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      Ordinary shares of 1p 
        instrument, type of               each 
        instrument 
----  --------------------------------  ----------------------------- 
       Identification code               GB00B90XFF12 
----  --------------------------------  ----------------------------- 
 b)    Nature of the transaction         Purchase of ordinary 
                                          shares 
----  --------------------------------  ----------------------------- 
 c)    Price(s) and volumes(s)           Price(s)         Volume(s) 
----  --------------------------------  ---------------  ------------ 
                                             GBP0.73965        27,033 
  -----------------------------------------------------  ------------ 
 d)    Aggregated information            N/A (single transaction) 
----  --------------------------------  ----------------------------- 
  Aggregated volume 
 -------------------------------------------------  ----------------- 
  Price 
 -------------------------------------------------  ----------------- 
 e)    Date of the transaction           29 March 2017 
----  --------------------------------  ----------------------------- 
 f)    Place of the transaction          London Stock Exchange 
                                          (XLON) 
----  --------------------------------  ----------------------------- 
 

For further information please contact:

 
 Vigo Communications - PR                   Tel: [phone] 
  Adviser                                                  9700 
  Patrick d'Ancona 
  Chris McMahon 
  Alexandra Roper 
 Sound Energy                      [e-mail] 
  James Parsons, Chief Executive 
  Officer 
 Smith & Williamson - Nominated             Tel: [phone] 
  Adviser                                                  4000 
  Azhic Basirov 
  David Jones 
  Ben Jeynes 
 RBC Capital Markets - Broker               Tel: [phone] 
  Matthew Coakes                                           4000 
  Martin Copeland 
  Laura White 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 29, 2017 07:16 ET (11:16 GMT)