Coro Energy PLC Director/PDMR Shareholding (4086Q)

TIDMCORO

RNS Number : 4086Q

Coro Energy PLC

18 February 2019

18 February 2019

Coro Energy plc

("Coro Energy" or the "Company")

Director/PDMR Shareholdings

Coro Energy plc, the pan Euro-Asian gas explorer and producer, announces that James Menzies, Chief Executive Officer of Coro Energy, has today purchased 1,000,000 Ordinary Shares in the Company at an average price of 2.184p. Following this purchase of Ordinary Shares, James Menzies' shareholding in the Company amounts to 3,850,393 Ordinary Shares, equal to 0.54 per cent. of the issued share capital of the Company.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details.

 
 
 Coro Energy plc 
                                             Tel: [phone] 
  James Menzies, Chief Executive Officer 
 
  Andrew Dennan, Chief Financial Officer 
 
 Grant Thornton UK LLP (Financial and        Tel: [phone] 
  Nominated Adviser) 
  Colin Aaronson/Jen Clarke/Harrison 
  J Clarke 
 Mirabaud Securities Ltd (Joint Broker)      Tel: [phone] 
 
 Peter Krens/Ed Haig-Thomas 
 
 Turner Pope Investments (TPI) Ltd          Tel: [phone] 
  (Broker) 
                                                 [e-mail] 
  Ben Turner/James Pope 
 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
 a)    Name                          James Menzies 
      ----------------------------  ----------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------- 
 a)    Position/status               Chief Executive Officer 
      ----------------------------  ----------------------------- 
 b)    Initial notification          Initial notification 
        /Amendment 
      ----------------------------  ----------------------------- 
 3     Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
      ----------------------------------------------------------- 
 a)    Name                          Coro Energy Plc 
      ----------------------------  ----------------------------- 
 b)    LEI                           2138004JXMD9YXLMKS49 
      ----------------------------  ----------------------------- 
 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                Ordinary shares of 0.1 pence 
        the financial instrument,     each 
        type of instrument 
 
       Identification                GB00BDCFP425 
        code 
 
 b)    Nature of the transaction     Acquisition 
      ----------------------------  ----------------------------- 
 c)    Price(s) and volume(s)          Price(s)     Volume(s) 
                                        2.225 
                                         pence       100,000 
                                                    ---------- 
                                        2.2102 
                                         pence       150,000 
                                                    ---------- 
                                        2.2 pence    250,000 
                                                    ---------- 
                                        2.175 
                                         pence       250,000 
                                                    ---------- 
                                        2.145 
                                         pence       250,000 
                                                    ---------- 
      ----------------------------  ----------------------------- 
 d)    Aggregated information 
 
  - Aggregated volume                1,000,000 
 
  - Price                            2.184 pence 
 
 e)    Date of the transaction       18/02/2019 
      ----------------------------  ----------------------------- 
 f)    Place of the transaction      London Stock Exchange's AIM 
                                      Market 
      ----------------------------  ----------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

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February 18, 2019 12:17 ET (17:17 GMT)