Caspian Sunrise plc PDMR Notification (6782C)

TIDMCASP

RNS Number : 6782C

Caspian Sunrise plc

23 January 2018

Caspian Sunrise PLC

("Caspian Sunrise" or the "Company")

PDMR Notification

Caspian Sunrise, the Central Asian oil and gas company with a focus on Kazakhstan, announces that it received notification today that on 27 December 2017, Mr Kairat Satylganov, a director in the Company, granted as security over 141,876,871 ordinary shares held by himself. There is no change in the Mr Saylganov's beneficial shareholding in the Company and he continues to have an interest and voting rights in 175,682,697 ordinary shares representing 10.5% of the issued share capital.

Voting rights in relation to the shares being pledged are not affected and remain with Mr Kairat Satylganov.

The Notification of Dealing Form, under the Market Abuse Regulation, for Mr Kairat Satylganov can be found below.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Kairat Satylganov 
---  --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Director 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/ Amendment                           Initial Notification 
---  --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Caspian Sunrise PLC 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800ODCON58VWIRS18 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary Shares 
      instrument 
                                                                 GB00B1W0VW36 
      Identification code 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 141,876,871 shares are pledged as security for a loan. 
                                                                Voting rights in relation to the shares being pledged 
                                                                are not affected and remain with Kairat 
                                                                Satylganov. 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ------------ 
                                                                  N/A         141,876,871 
                                                                 ----------  ------------ 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                              141,876,871 
                                                                             N/A 
 
         *    Price 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   27 December 2017 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
---  --------------------------------------------------------  ------------------------------------------------------- 
 
 
 Caspian Sunrise PLC 
 Clive Carver 
  Executive Chairman              [phone] 
 WH Ireland, Nominated Adviser 
  & Broker 
 James Joyce 
  Jessica Cave 
  James Sinclair-Ford             [phone] 
 Yellow Jersey PR 
  Tim Thompson                    [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 23, 2018 07:03 ET (12:03 GMT)