Trinity Exploration & Pr... Share Discussion Threads

[comedy] 13/1/2017 10:54

like i said yesterday why pay more???if placees seling then they have had 8p and all the 7p to sell...personally now waiting to see if the mm's are now going to chase all the traders to 6.5p or under to get stock???bear in mind placees got in at 5p...big guys who are on board are holding...but no idea if those got in at 5p and just want to bank a profit???to them 5.5p is 10% return so £10k in £11k out???

this is one to sit back and wait out the turbulent week we have had...and then buy when posting dried up and volume is low...end of next week??? truer indication??? herd off to pastures anew??? chance for those with mid to long term view can top up..and then let it run for a couple of years???

[gimmetheloot] 13/1/2017 10:41

MMS will take 250000 over 7p , somebody is loading up and want shares done give them away cheap ;-))

[jungmana] 13/1/2017 10:15

Incredibly cheap. Soon lgo will catch up on us in value

[gimmetheloot] 13/1/2017 10:10

Expect more holdings rns's today

[gimmetheloot] 13/1/2017 08:00

Massive vote of confidence and they are backing with big big money. Big buys @ 8 p late yesterday reported so expect another blue day ;-)

[the big fella] 12/1/2017 22:15

Rossannan - yes I agree. But £350k is a serious vote of confidence by a Director and is definitely worth consideration.

[ultra capital] 12/1/2017 18:16

I have increased my buy price to 6.5p for 4,500,000 shares.

[sleveen] 12/1/2017 18:03

After being consistently bearish on TRIN for a while, I can now see the bull case.

East Coast assets have much potential.

[gimmetheloot] 12/1/2017 17:04

TIDMTRIN

RNS Number : 0716U

Trinity Exploration & Production

12 January 2017

For immediate release: 12 January 2017

Trinity Exploration & Prodcuction plc

("Trinity" or 'the Group' or "the Company")

PDMR Dealings

Trinity (AIM: TRIN), the leading independent E&P company focused on Trinidad and Tobago, announces that Bruce Dingwall, Executive Chairman, purchased 6,400,000 Placing Shares at the Placing Price.

Following this transaction, Mr Dingwall is interested in 12,215,498 Ordinary shares in the Company representing 4.32% per cent of the issued share capital (voting rights), of the Company as per the following table:-



1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Bruce Dingwall
2 Reason for the notification
a) Position/status Executive Chairman
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Trinity Exploration & Production plc
b) Legal Entity Identifier 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 of the financial instrument, type of instrument Ordinary shares of USD 0.01 per share par value

Identification code GB00B8JG4R91
b) Nature of the transaction Purchase
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
0.0498 6,400,0000
e) Aggregated information
- Aggregated volume 6,400,000
- Aggregated price GBP318,720
- Aggregated total GBP318,720
f) Date of the transaction 11.01.2017
g) Place of the transaction London Stock Exchange, AIM
*-ends*-

For further information please visit: www.trinityexploration.com or contact:




Trinity Exploration & Production Tel: +44 (0)
Bruce Dingwall, Executive Chairman 131 240 3860
Tracy Mackenzie, Head of Corporate
Development
SPARK Advisory Partners Limited Tel: +44 (0)
(Nominated & Financial Adviser) 203 368 3550
Mark Brady
Miriam Greenwood
Sean Wyndham-Quin
Cantor Fitzgerald Europe (Broker) Tel: +44 (0)
David Porter 207 894 7000
Sebastien Maurin
Craig Francis
About Trinity

Trinity is an independent oil and gas exploration and production company focused solely on Trinidad and Tobago. Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth. The Company operates all of its nine licences and, across all of the Group's assets, management's estimate of 2P reserves as at the end of 2015 was 20.9 MMbbls (excluding the Guapo-1 license which was disposed of in April 2016). Group 2C contingent resources are estimated to be 19.8 MMbbls. The Group's overall 2P plus 2C volumes are therefore 40.7 MMbbls.

Trinity is listed on the AIM market of the London Stock Exchange under the ticker TRIN.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

January 12, 2017 11:34 ET (16:34 GMT)

[the big fella] 12/1/2017 16:56

That is a serious vote of confidence!!

[gimmetheloot] 12/1/2017 16:49

More directors buying awesome ;-))

[gimmetheloot] 12/1/2017 15:25

3 RNs' 14:24 onwards

[gimmetheloot] 12/1/2017 15:25

Holdings RNS out again today!!

Guess somebody is loading these up 2 days in a row.

They want the shares and mms are filling orders!!

[jungmana] 12/1/2017 11:22

Mdw - that's my fear too. Someone can just come up with an offer say 15p and snap the company.Just last year the company was offered $17m for just Tgal alone when oil was in the doldrums.

[gimmetheloot] 12/1/2017 11:21

Not showing on either exchange mms playing games, big orders not showing obviously big demand here. Market cap should be 4 times what it is today

[jungmana] 12/1/2017 11:19

Called NEX exchange now. Takes 15mins to show there though

[mdw1] 12/1/2017 11:17

And not forgetting at these levels they are definitely vulnerable to an opportunistic bid....