Mayan Energy Limited Director Dealings (4809H)

TIDMMYN

RNS Number : 4809H

Mayan Energy Limited

13 March 2018

Mayan Energy Ltd / Index: AIM / Epic: MYN/ ISIN: VGG6622A1057 / Sector: Oil and Gas

13 March 2018

Mayan Energy Ltd ('Mayan' or 'the Company')

Directors' Dealings

Mayan (AIM: MYN), the AIM listed oil and gas company, announces that yesterday Eddie Gonzalez, CEO, purchased 2,200,000 ordinary shares in the Company ("Shares") at 0.87p per Share. Further to this purchase, Mr Gonzalez holds 26,366,666 Shares, representing 2.3% of the Company's issued share capital.

Special note concerning the Market Abuse Regulation:

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR").

**ENDS**

For further information visit www.Mayan energy.com or contact the following:

 
                                         + 1 469 394 
 Eddie Gonzalez    Mayan Energy Ltd       2008 
                                         [phone] 
 Charlie Wood      Mayan Energy Ltd       326 
                   Beaumont Cornish      [phone] 
 Roland Cornish     Ltd                   3396 
                   Beaumont Cornish      [phone] 
 James Biddle       Ltd                   3396 
                   Cornhill Capital      [phone] 
 Nick Bealer        Limited               9612 
                   St Brides Partners    [phone] 
 Gaby Jenner        Ltd                   1177 
 

Notes:

Mayan Energy Limited is an AIM listed (London Stock Exchange) oil and gas energy company; whose present operations which are focussed on the redevelopment and enhancement of its upstream oil and gas interests in Texas, Oklahoma, and Louisiana and its investments in the Asphalt Ridge Project Utah, and in Block Energy Plc, Georgia.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name                      Eddie Gonzalez 
---  ------------------------  ------------------------------- 
 2    Reason for 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                      Mayan Energy Ltd 
---  ------------------------  ------------------------------- 
 b)   LEI                       213800NTIHRNYL5QO564 
---  ------------------------  ------------------------------- 
 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 in Mayan 
       the financial             Energy Ltd 
       instrument, type 
       of instrument             ISIN VGG5S26K1152 
       Identification 
       code 
---  ------------------------  ------------------------------- 
      Nature of the             Purchase of 2,200,000 ordinary 
       transaction               shares 
---  ------------------------  ------------------------------- 
      Price(s) and                Price(s)   Volumes(s) 
       volumes(s)                 ---------  ----------- 
                                   0.87 p     2,200,000 
                                  ---------  ----------- 
---  ------------------------  ------------------------------- 
 d)   Aggregated information    n/a 
---  ------------------------  ------------------------------- 
 e)   Date of the transaction   12 March 2018 
---  ------------------------  ------------------------------- 
 f)   Place of the              London Stock Exchange, AIM 
       transaction               (XLON) 
---  ------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 13, 2018 03:02 ET (07:02 GMT)