Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Hurricane Energy Plc LSE:HUR London Ordinary Share GB00B580MF54 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025 -0.85% 2.925 2.85 3.00 3.05 2.90 2.958 7,782,889 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 180.1 -571.1 -31.4 - 58

Hurricane Energy PLC Director/PDMR Shareholding

24/09/2020 12:49pm

UK Regulatory (RNS & others)


Hurricane Energy (LSE:HUR)
Historical Stock Chart


From Jul 2020 to Jul 2021

Click Here for more Hurricane Energy Charts.

TIDMHUR

RNS Number : 0416A

Hurricane Energy PLC

24 September 2020

24 September 2020

Hurricane Energy plc

("Hurricane" or the "Company")

Director/PDMR Shareholdings

Hurricane Energy plc, the UK based oil and gas company, has been notified of transactions by Hurricane directors and Persons Discharging Managerial Responsibility ("PDMRs") in ordinary shares of GBP0.001 each in the Company ("Ordinary Shares").

A summary of the transactions follows:

 
 Name                Position                             Ordinary        Average Price 
                                                  Shares Purchased    Paid per Ordinary 
                                                                                  Share 
 Steven McTiernan    Chairman                              150,000              2.9700p 
                    --------------------------  ------------------  ------------------- 
 Dr David Jenkins    Non-Executive Director                145,000              2.9718p 
                    --------------------------  ------------------  ------------------- 
 John van der 
  Welle              Non-Executive Director                150,000              2.9300p 
                    --------------------------  ------------------  ------------------- 
 Sandra Shaw         Non-Executive Director                164,474              3.0400p 
                    --------------------------  ------------------  ------------------- 
 Beverley Smith      Non-Executive Director                334,448              2.9900p 
                    --------------------------  ------------------  ------------------- 
 Antony Maris        Chief Executive Officer               169,084              2.9571p 
                    --------------------------  ------------------  ------------------- 
 Steve Holmes        Chief Operations Officer               49,198              3.0187p 
                    --------------------------  ------------------  ------------------- 
 

The below information is intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).

 
 1.   Details of the person discharging managerial responsibilities 
 a)   Name:                                  a) Steven McTiernan 
                                              b) Dr David Jenkins 
                                              c) John van der Welle 
                                              d) Sandra Shaw 
                                              e) Beverley Smith 
                                              f) Antony Maris 
                                              g) Steve Holmes 
     --------------------------------  ------------------------------------------ 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status:                       a) Chairman 
                                              b) Non-Executive Director 
                                              c) Non-Executive Director 
                                              d) Non-Executive Director 
                                              e) Non-Executive Director 
                                              f) Chief Executive Officer 
                                              g) Chief Operations Officer 
     --------------------------------  ------------------------------------------ 
 b)   Initial notification/Amendment:   Initial Notification 
     --------------------------------  ------------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                              Hurricane Energy plc 
     --------------------------------  ------------------------------------------ 
 b)   LEI:                              2138007Z66OO4XWKM819 
     --------------------------------  ------------------------------------------ 
 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                Ordinary shares of 0.1p each in Hurricane 
       financial instrument,             Energy plc ("Shares") 
       type of instrument:               ISIN: GB00B580MF54 
       Identification code: 
     --------------------------------  ------------------------------------------ 
 b)   Nature of the transaction:        Open market purchase of Shares. 
     --------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s):             Price(s)      Volume(s) 
                                           a) 2.9700p    a) 150,000 
                                            b) 2.9718p    b) 145,000 
                                            c) 2.9300p    c) 150,000 
                                            d) 3.0400p    d) 164,474 
                                            e) 2.9900p    e) 334,448 
                                            f) 2.9571p    f) 169,084 
                                            g) 3.0187p    g) 49,198 
                                                        ------------ 
     --------------------------------  ------------------------------------------ 
 d)   Aggregated information:           See above 4 (c) 
     --------------------------------  ------------------------------------------ 
 e)   Date of the transaction:          (a)/(b)/(c)/(e)/(f)/(g): 23 September 
                                         2020 
                                         (d): 24 September 2020 
     --------------------------------  ------------------------------------------ 
 f)   Place of the transaction:         London Stock Exchange (AIM) 
     --------------------------------  ------------------------------------------ 
 

Contacts:

 
 Hurricane Energy plc 
  Antony Maris, Chief Executive Officer         +44 (0)1483 862 
  Philip Corbett, Head of Investor Relations     820 
 Stifel Nicolaus Europe Limited 
  Nominated Adviser & Joint Corporate Broker 
  Callum Stewart / Ashton Clanfield             +44 (0)20 7710 7600 
 Morgan Stanley & Co. International plc 
  Joint Corporate Broker 
  Andrew Foster / Tom Perry / Alex Smart        +44 (0)20 7425 8000 
 Vigo Communications 
  Public Relations 
  Patrick d'Ancona / Ben Simons 
  hurricane@vigocomms.com                       +44 (0)20 7390 0230 
 

About Hurricane

Hurricane was established to discover, appraise and develop hydrocarbon resources associated with naturally fractured basement reservoirs. The Company's acreage is concentrated on the Rona Ridge, in the West of Shetland region of the UK Continental Shelf.

The Lancaster field (100% owned by Hurricane) is the UK's first producing basement field. Hurricane is pursuing a phased development of Lancaster, starting with an Early Production System consisting of two wells tied-back to the Aoka Mizu FPSO. Hydrocarbons were introduced to the FPSO system on 11 May 2019 and the first oil milestone was achieved on 4 June 2019.

In September 2018, Spirit Energy farmed-in to 50% of the Lincoln and Warwick assets, committing to a phased work programme targeting sanction of an initial stage of full field development.

Glossary

 
 FPSO            Floating production storage and offloading 
                  vessel 
 Spirit Energy   Spirit Energy Limited 
                =========================================== 
 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBBGDCRSDDGGS

(END) Dow Jones Newswires

September 24, 2020 07:49 ET (11:49 GMT)

1 Year Hurricane Energy Chart

1 Year Hurricane Energy Chart

1 Month Hurricane Energy Chart

1 Month Hurricane Energy Chart
ADVFN Advertorial
Your Recent History
LSE
HUR
Hurricane ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210724 10:22:14