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LEK Lekoil Limited

0.95
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
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

Lekoil Limited PDMR Dealing (0565G)

19/07/2019 7:00am

UK Regulatory


Lekoil (LSE:LEK)
Historical Stock Chart


From Apr 2019 to Apr 2024

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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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