Volga Gas PLC Director/PDMR Shareholding (1327B)

TIDMVGAS

RNS Number : 1327B

Volga Gas PLC

02 October 2015

Volga Gas plc

2 October 2015

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND/OR CONNECTED PERSONS

   1.   Name of the issuer 

Volga Gas plc

   2.   State whether the notification relates to: 

This notification relates to a transaction notified in accordance with DTR 3.1.2R

   3.   Name of person discharging managerial responsibilities/director 

Vladimir Koshcheev

   4.   State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person 

The shares being sold are registered in the name of Vlarenhill Limited, a company connected with person referred to in 3 above, although they are not part of his beneficial interest.

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

This notification is made in respect of a non-beneficial interest of the person referred to in 3 above.

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of GBP 0.01 each fully paid

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Vlarenhill Limited

   8.   State the nature of the transaction 

Market sale of ordinary shares by Vlarenhill Limited

   9.   Number of shares, debentures or financial instruments relating to shares acquired 

n/a

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

n/a

11. Number of shares, debentures or financial instruments relating to shares disposed

100,000 (0.123%)

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

See percentage figures in 11 above.

13. Price per share or value of transaction

40 p per share

14. Date and place of transaction

2 October 2015, AIM

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

419,210 (0.517%) - unchanged

16. Date issuer informed of transaction

2 October 2015

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

N/A

18. Period during which or date on which exercisable

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22. Total number of shares or debentures over which options held

N/A

23. Any additional information

NONE

24. Name of contact and telephone number for queries

Tony Alves, Company Secretary

[phone]

Name of authorised official of issuer responsible for making notification

Tony Alves, Company Secretary

Date of notification

2 October 2015

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

October 02, 2015 10:58 ET (14:58 GMT)