Wentworth Resources Limited : Director/PDMR Shareholding

21 November 2016

Wentworth Resources Limited

("Wentworth" or the "Company")

Notification of Trade / Director Dealings

Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, was notified on the 18 November, 2016 of the following transactions by directors of the Company:

On 18 November, 2016 Mr. Geoffrey Bury, Managing Director of the Company, acquired 100,000 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of NOK 2.15 per Ordinary Share. Following the acquisition, Mr. Bury has an interest in 400,000 Ordinary Shares representing 0.24 per cent. of the Company's issued share capital. Mr. Bury also holds 1,900,000 share options in the Company.

On November 18, 2016, Mr. Lance Mierendorf, Chief Financial Officer, acquired 60,000 ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of GBP 0.21 per Ordinary Share. Following the acquisition, Mr. Mierendorf has an interest in 110,000 Ordinary Shares representing 0.06 per cent. of the Company's issued share capital. Mr. Mierendorf also holds 1,300,000 share options in the Company.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1 Details of PDMR/person closely associated with them ('PCA')

a) Name - Geoffrey Bury 

2 Reason for the notification

a) Position/status -  PDMR-Managing Director

b) Initial notification /Amendment - Initial Notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a) Name - Wentworth Resources Limited

b) LEI - 213800IW2LNKOYYG7412

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 no par value
Identification code - CA9506771042

b) Nature of the transaction - Market purchase of ordinary shares 

c) Price(s) and volume(s)
  

Price(s)	Volume(s)
NOK 2.15	100,000

d) Aggregated information
 - Aggregated volume - 100,00
 - Price - NOK 2.15

e) Date of the transaction - 18 November 2016

f) Place of the transaction - XOSL

1 Details of PDMR/person closely associated with them ('PCA')

a) Name - Lance Mierendorf 

2 Reason for the notification

a) Position/status - PDMR-Chief Financial Officer

b) Initial notification /Amendment - Initial Notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a) Name - Wentworth Resources Limited

b) LEI - 213800IW2LNKOYYG7412

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 no par value
Identification code - CA9506771042

b) Nature of the transaction - Market purchase of ordinary shares 

c) Price(s) and volume(s) 

Price(s)	Volume(s)
GBP 0.21	60,000

d) Aggregated information
 - Aggregated volume - 60,000
 - Price - GBP 0.21

e) Date of the transaction - 18 November 2016

f) Place of the transaction - AIM

Enquiries:
Wentworth	Geoffrey Bury Managing Director	[e-mail] [phone]
	Lance Mierendorf, Chief Financial Officer	[e-mail] [phone]
	Katherine Roe Vice President Corporate Development & Investor Relations	[e-mail] [phone]
Swedbank First Securities	Broker (Norway)	[phone]
	Ove Gusevik
	Jarand Lønne
Crux Advisers	Investor Relations Adviser (Norway)	[phone]
	Jan Petter Stiff
	Carl Bachke
Stifel Nicolaus Europe Limited	AIM Nominated Adviser and Broker (UK)	[phone]
	Callum Stewart
	Ashton Clanfield
FirstEnergy Capital	Broker (UK)	[phone]
	Hugh Sanderson
FTI Consulting	Investor Relations Adviser (UK)	[e-mail] [phone]
	Edward Westropp

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

161121 Notification of Trade - Director Dealings

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wentworth Resources Limited via Globenewswire