Victoria Oil & Gas PLC Director/PDMR Shareholding (5225K)

TIDMVOG

RNS Number : 5225K

Victoria Oil & Gas PLC

10 July 2017

Victoria Oil & Gas PLC (AIM: VOG)

10 July 2017

Victoria Oil & Gas Plc ("VOG" or "the Company")

Purchase of shares by Directors and change in PDMR Shareholdings

Victoria Oil & Gas Plc announces that the following Directors of the Company have bought shares in the Company through the London Stock Exchange:

 
 Director Name                 Number of           Total shareholding   Percentage 
                                Ordinary            in the Company       interest 
                                shares purchased    following            in the 
                                                    share purchase       Company's 
                                                                         ordinary 
                                                                         shares 
----------------------------  ------------------  -------------------  ----------- 
 Kevin Foo* 
  Executive Director           25,000              2,257,638            2.04% 
----------------------------  ------------------  -------------------  ----------- 
 Ahmet Dik** 
  Chief Executive 
  Officer                      3,742               929,529              0.84% 
----------------------------  ------------------  -------------------  ----------- 
 Andrew Diamond 
  Finance Director             8,800               12,800               0.01% 
----------------------------  ------------------  -------------------  ----------- 
 John Bryant 
  Independent Non-Executive 
  Director                     20,000              20,000               0.02% 
----------------------------  ------------------  -------------------  ----------- 
 Iain Patrick 
  Independent Non-Executive 
  Director                     20,000              20,000               0.02% 
----------------------------  ------------------  -------------------  ----------- 
 

*The shares are purchased by H J Resources Limited on behalf of a discretionary trust, of which Kevin Foo and his wife are potential beneficiaries.

** The shares are purchased by Dostan Investments Limited in which Mr Dik and his wife have a beneficial interest

The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, gives further details:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------------------------- 
 a)   Name                              1. Kevin Foo 
                                         2. Ahmet Dik 
                                         3. Andrew Diamond 
                                         4. John Bryant 
                                         5. Iain Patrick 
---  ---------------------  -------------------------------------------------------------------- 
 2    Reason for the notification: 
       Increase in shareholding by Directors of 
       the Company, all PDMRs. 
---  ------------------------------------------------------------------------------------------- 
 a)   Position/status                   1. Executive Chairman 
                                         2. Chief Executive Officer 
                                         3. Finance Director 
                                         4. Independent Non-Executive Director 
                                         5. Independent Non-Executive Director 
---  ---------------------  -------------------------------------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  -------------------------------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------------------------------- 
 a)   Name                   Victoria Oil & Gas plc 
---  ---------------------  -------------------------------------------------------------------- 
 b)   LEI                    213800JHNB148AXECS22 
---  ---------------------  -------------------------------------------------------------------- 
 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 0.5p each 
       of the financial 
       instrument, 
       type of instrument 
---  ---------------------  -------------------------------------------------------------------- 
 
      Identification         GB00BRWR3752 
       code 
 
 b)   Nature of              Purchase of ordinary shares 
       the transaction 
---  --------------------- 
 c)   Price(s)               Director Name                        Price         Number 
       and volume(s)                                                             of shares 
---                                                              ------------  ------------- 
                             1. Kevin Foo                         1. 54.3       1. 25,000 
                              2. Ahmet Dik                         2. 49.75      2. 3,742 
                              3. Andrew                            3. 56.5       3. 8,800 
                               Diamond                              pence 
                              4. John Bryant                       4. 49.2       4. 20,000 
                                                                    pence 
                              5. Iain Patrick                      5. 49.2       5. 20,000 
                                                                    pence 
---  ---------------------  -----------------------------------  ------------  ------------- 
 d)   Aggregated 
       information             N/A 
--- 
 
 e)   Date of the            Director Name                          Date of Transaction 
       transactions 
---  ---------------------  -------------------------------------  ----------------------------- 
                                        1. Kevin Foo                1. 7 July 2017 
                                         2. Ahmet Dik                2. 5 July 2017 
                                         3. Andrew Diamond           3. 6 July 2017 
                                         4. John Bryant              4. 5 July 2017 
                                         5. Iain Patrick             5. 5 July 2017 
---  ---------------------  -------------------------------------  ----------------------------- 
 f)   Place of               London Stock Exchange, AIM Market 
       the transaction 
---  ---------------------  -------------------------------------------------------------------- 
 
 

For further information, please visit www.victoriaoilandgas.com or contact:

Victoria Oil & Gas Plc

   Kevin Foo / Laurence Read                                              Tel: [phone] 

Strand Hanson Limited (NOMAD)

   Rory Murphy / Stuart Faulkner / James Dance                   Tel: [phone] 

Shore Capital Stockbrokers Limited (Joint Broker)

   Mark Percy / Toby Gibbs (corporate finance)                     Tel: [phone] 

Jerry Keen (corporate broking)

FirstEnergy Capital LLP (Joint Broker)

   Jonathan Wright / David van Erp                                       Tel: [phone] 

Camarco (Financial PR)

Billy Clegg Tel: [phone]

Nick Hennis Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 10, 2017 02:00 ET (06:00 GMT)