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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Circle Oil | LSE:COP | London | Ordinary Share | IE00B034YN94 | ORD EUR0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.625 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCOP
RNS Number : 0541D
Circle Oil PLC
25 March 2014
25 March 2014
CIRCLE OIL PLC
("Circle" or the "Company")
Director/PDMR Share Purchase
Circle Oil Plc (AIM: COP), the international oil and gas exploration, development and production company, was notified on 24 March 2014 that the following Directors and Persons Discharging Managerial Responsibility ( "PDMR") have purchased a total of 686,177 ordinary shares in the capital of the Company. Details concerning the purchases are set out below:
Name Position Ordinary Average Price Total holding % of Issued Shares Purchased Paid per following Share Capital Ordinary the purchase Share ------------- --------------- ------------------ -------------- -------------- --------------- Stephen Jenkins Chairman 421,177 24.40p 421,177 0.07 ------------- --------------- ------------------ -------------- -------------- --------------- Prof. Chris Green CEO 50,000 24.30p 50,000 0.01 ------------- --------------- ------------------ -------------- -------------- --------------- Nicholas Non-Executive Clayton Director 105,000 23.76p 325,000 0.06 ------------- --------------- ------------------ -------------- -------------- --------------- Dr. Keith Non-Executive Morris Director 60,000 24.30p 60,000 0.01 ------------- --------------- ------------------ -------------- -------------- --------------- Brendan McMorrow CFO 50,000 24.22p 50,000 0.01 ------------- --------------- ------------------ -------------- -------------- --------------- For further information contact: Circle Oil Plc Professor Chris Green, CEO Brendan McMorrow, CFO (+44 20 7638 9571) Investec Chris Sim George Price James Rudd (+44 20 7597 5970) Liberum Capital Limited Simon Atkinson (+44 20 3100 2222) Citigate Dewe Rogerson Martin Jackson Shabnam Bashir (+44 20 7638 9571) Murray Consultants Joe Murray Joe Heron (+353 1 498 0300)
Notes to Editors
Circle Oil Plc (AIM: COP) is an international oil & gas exploration, development and production Company with an expanding portfolio of assets in Morocco, Tunisia, Oman and Egypt with a combination of low-risk near-term production and significant exploration upside potential. The Company listed on AIM in October 2004.
Internationally, the Company has continued to expand its portfolio over the past years and now has assets in the Rharb Basin, Morocco; the Ras Marmour Permit in southern Tunisia; the Mahdia Permit offshore Tunisia and the Zeit Bay area of Egypt. Circle also has the largest licence holding of any company in Oman. In addition to its prospective Block 52 offshore, Circle also has an ongoing exploration programme in Block 49 onshore.
Circle's strategy is to locate and secure additional licences in prospective hydrocarbon provinces and through targeted investment programmes, monetise the value in those assets for the benefit of shareholders. This could be achieved through farm-outs to selected partners who would then invest in and continue the development of the asset into production, or Circle may itself opt to use its own expertise to appraise reserves and bring assets into production, generating sustained cash flow for further investment.
Further information on Circle is available on its website at www.circleoil.net.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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