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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lekoil Limited | LSE:LEK | London | Ordinary Share | KYG5462G1073 | ORD USD0.00005 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.95 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLEK
RNS Number : 0565G
Lekoil Limited
19 July 2019
19 July 2019
LEKOIL Limited
("LEKOIL" or the "Company")
PDMR Dealing
LEKOIL (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa more generally, announces that it has received notifications that:
-- Mr. Olalekan Akinyanmi, the Chief Executive Officer of the Company, purchased 915,950 ordinary shares of USD0.00005 par value each in the Company ("Ordinary Shares") at an average price of 4.2 pence per Ordinary Share on 16 July 2019. Following the transaction, Mr. Akinyanmi now has a total shareholding in LEKOIL of 40,248,501 Ordinary Shares representing approximately 7.5 per cent of the issued ordinary share capital of the Company.
-- Mr. Gregory Eckersley, the Interim Chief Financial Officer of the Company, purchased 150,000 ordinary shares of USD0.00005 par value each in the Company at an average price of 4.0 pence per Ordinary Share on 16 July 2019. Following the transaction, Mr. Eckersley now has a total shareholding in LEKOIL of 3,153,050 Ordinary Shares representing approximately 0.6 per cent of the issued ordinary share capital of the Company.
-- Mr. Samuel Olotu, the Chief Technical Officer of the Company, purchased 235,130 ordinary shares of USD 0.00005 par value each in the Company at an average price of 4.0 pence per Ordinary Share on 16 July 2019. Following the transaction, Mr. Olotu now has a total shareholding in LEKOIL of 299,260 Ordinary Shares representing approximately 0.1 per cent of the issued ordinary share capital of the Company.
For further information, please visit www.lekoil.com or contact:
Lekoil Limited Alfred Castaneda, Investor Relations +44 20 7920 3150 Strand Hanson Limited (Financial & Nominated Adviser) James Spinney / Ritchie Balmer / Eric Allan +44 20 7409 3494 Mirabaud Securities Limited (Joint Broker) +44 20 7878 3362 / +44 20 Peter Krens / Edward Haig-Thomas 7878 3447 Numis Securities (Joint Broker) John Prior / Emily Morris +44 20 7260 1000 Tavistock (Financial PR) Simon Hudson / Barney Hayward / Charles Vivian +44 20 7920 3150
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014
1 Details of the person discharging managerial responsibilities / person closely associated a) OLALEKAN AKINYANMI ------------------------------------- ---------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------- a) Position/status CHIEF EXECUTIVE OFFICER ------------------------------------- ---------------------------------------- b) Initial notification INITIAL /Amendment ------------------------------------- ---------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------- a) Name LEKOIL ------------------------------------- ---------------------------------------- b) LEI LEK LN (LEKOF) ------------------------------------- ---------------------------------------- 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 financial instrument, type of instrument ------------------------------------- ---------------------------------------- Identification code ------------------------------------- ---------------------------------------- b) Nature of the transaction PURCHASE ------------------------------------- ---------------------------------------- c) Price(s) and volume(s) ---- ------------------------------------- ------------------ ----------------- Price(s) Volume(s) ---- ------------------------------------- ------------------ ----------------- 4.2 pence 915,950 ------------------------------------------------------------- ----------------- d) Aggregated information ---------------------------------------------------------- ------------------- - Aggregated volume 915,950 ------------------------------------- --------------------------------------------- - Price 4.2 pence ------------------------------------- --------------------------------------------- e) Date of the transaction 16 JULY 2019 ------------------------------------- ---------------------------------------- f) Place of the transaction London Stock Exchange (XLON); AIM ------------------------------------- ---------------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated a) GREGORY ECKERSLEY ------------------------------------- ---------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------- a) Position/status INTERIM CHIEF FINANCIAL OFFICER ------------------------------------- ---------------------------------------- b) Initial notification INITIAL /Amendment ------------------------------------- ---------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------- a) Name LEKOIL ------------------------------------- ---------------------------------------- b) LEI LEK LN ------------------------------------- ---------------------------------------- 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 financial instrument, type of instrument ------------------------------------- ---------------------------------------- Identification code ------------------------------------- ---------------------------------------- b) Nature of the transaction PURCHASE ------------------------------------- ---------------------------------------- c) Price(s) and volume(s) ---- ------------------------------------- ------------------ ----------------- Price(s) Volume(s) ---- ------------------------------------- ------------------ ----------------- 4.0 pence 150,000 ------------------------------------------------------------- ----------------- d) Aggregated information ---------------------------------------------------------- ------------------- - Aggregated volume 150,000 ------------------------------------- --------------------------------------------- - Price 4.0 pence ------------------------------------- --------------------------------------------- e) Date of the transaction 16 JULY 2019 ------------------------------------- ---------------------------------------- f) Place of the transaction London Stock Exchange (XLON); AIM ------------------------------------- ---------------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated a) SAMUEL OLOTU ------------------------------------- ---------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------- a) Position/status CHIEF TECHNICAL OFFICER ------------------------------------- ---------------------------------------- b) Initial notification INITIAL /Amendment ------------------------------------- ---------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------- a) Name LEKOIL ------------------------------------- ---------------------------------------- b) LEI LEK LN ------------------------------------- ---------------------------------------- 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 financial instrument, type of instrument ------------------------------------- ---------------------------------------- Identification code ------------------------------------- ---------------------------------------- b) Nature of the transaction PURCHASE ------------------------------------- ---------------------------------------- c) Price(s) and volume(s) ---- ------------------------------------- ------------------ ----------------- Price(s) Volume(s) ---- ------------------------------------- ------------------ ----------------- 4.0 pence 235,130 ------------------------------------------------------------- ----------------- d) Aggregated information ---------------------------------------------------------- ------------------- - Aggregated volume 235,130 ------------------------------------- --------------------------------------------- - Price 157,000 at 4.0 pence ------------------------------------- --------------------------------------------- 78,130 at 3.9 pence ----------------------------------------------------------------------------------- e) Date of the transaction 16 JULY 2019 ------------------------------------- ---------------------------------------- f) Place of the transaction London Stock Exchange (XLON); AIM ------------------------------------- ----------------------------------------
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.
END
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July 19, 2019 02:00 ET (06:00 GMT)
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