Angus Energy PLC Director/PDMR Shareholding (6069N)

TIDMANGS

RNS Number : 6069N

Angus Energy PLC

23 January 2023

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED.UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN .

23 January 2023

Angus Energy Plc

("Angus Energy", the "Company" or together with its subsidiaries, the "Group") (AIM:ANGS)

Director/PDMR Shareholding

Further to the issue of 60,606,061 Ordinary Shares of 0.002p each ("Ordinary Shares") at a price of 1.65 pence per Ordinary Share on 20 January 2023 to Forum Energy Services Ltd, ("Forum Energy"), wholly owned by director Paul Forrest, the Company hereby notifies the resultant shareholding and interest in the Company held by Paul Forrest. The shares were issued regarding the settlement in shares of GBP1 million of deferred consideration due to Forum Energy as further detailed in the announcement of 19 December 2022. Paul Forrest's total shareholding in the Company is now 520,856,061 Ordinary Shares representing 15.18 per cent. of the Company's issued share capital.

END

For further information on the Company, please visit www.angusenergy.co.uk or contact:

Enquiries:

   Angus Energy Plc                                             www.angusenergy.co.uk 
   George Lucan                                                    Tel: [phone] 
   Beaumont Cornish Limited (Nomad)      www.beaumontcornish.com 
   James Biddle / Roland Cornish                   Tel: [phone] 

WH Ireland Limited (Broker)

   Katy Mitchell / Harry Ansell                         Tel: [phone] 
   Flagstaff PR/IR                                                  [e-mail] 
   Tim Thompson / Fergus Mellon                 Tel: [phone] 
   Aleph Commodities                                       [e-mail] 

Disclaimers - this Announcement includes statements that are, or may be deemed to be, "forward- looking statements". These forward-looking statements can be identified by the use of forward- looking terminology, including the terms "believes", "estimates", "forecasts", "plans", "prepares",

"anticipates", "projects", "expects", "intends", "may", "will", "seeks", "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this Announcement and include statements regarding the Company's and the Directors' intentions, beliefs or current expectations concerning, amongst other things, the Company's prospects, growth and strategy. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. The Company's actual performance, achievements and financial condition may differ materially from those expressed or implied by the forward-looking statements in this Announcement. In addition, even if the Company's results of operations, performance, achievements and financial condition are consistent with the forward-looking statements in this Announcement, those results or developments may not be indicative of results or developments in subsequent periods. Any forward-looking statements that the Company makes in this Announcement speak only as of the date of such statement and (other than in accordance with their legal or regulatory obligations) neither the Company, nor the Bookrunner nor Beaumont Cornish nor any of their respective associates, directors, officers or advisers shall be obliged to update such statements. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.

Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in relation to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to clients of Beaumont Cornish Limited, or for providing advice in relation to the contents of this announcement or any matter referred to in it.

PDMR Notification reference 00285946

Must complete either for a natural person or a legal person. If completing for a legal person, please include the legal form as provided for in the register where it is incorporated, if applicable.

Name of natural person

   Legal person                                                          Forum Energy Services Limited 
 
 
 
 

For persons discharging managerial responsibilities:

- The position occupied within the issuer or emission allowance market participant should be indicated e.g. CEO, CFO.

For persons closely associated with:

- An indication that the notification concerns a person closely associated with a person discharging managerial responsibilities;

- Name and position of the relevant person discharging managerial responsibilities

   Position/status                                                       Non-Executive Director 
   Initial notification/amendment                          Initial Notification 
 
 
 
 
   Full name of the entity                                         Angus Energy Plc 
   Legal Entity Identifier code                                2138008K3RL6MQRQPD84 

In accordance with ISO 17442 LEI code.

 
 
  4 - Details of the transaction(s) 
 
    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 
 
 
 
 
 Date Of Transaction    Financial Instrument    Identification    Place Of Transaction    Currency 
                                                Code 
                      ----------------------  ----------------  ----------------------  ------------- 
2023-01-20            Ordinary shares         GB00BYWKC989      London UK               GBP - British 
                       of 0.2p                                                           Pound 
                      ----------------------  ----------------  ----------------------  ------------- 
Nature Of Transaction: 
 
 subscription to equity 
                                                                ------------------------------------- 
 

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January 23, 2023 13:03 ET (18:03 GMT)