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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Phoenix Global Resources Plc | LSE:PGR | London | Ordinary Share | GB00B7LHJ340 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.50 | 5.00 | 8.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPGR
RNS Number : 2881Y
Phoenix Global Resources PLC
08 May 2019
8 May 2019
Phoenix Global Resources plc
("Phoenix" or the "Company")
Deferred Bonus Plan
The Board of Phoenix (AIM:PGR; BCBA:PGR) announces that it has granted nil-cost conditional awards over a total of 1,772,368 ordinary shares representing approximately 0.06% of the Company's issued share capital under the Company's deferred bonus plan ("DBP"). The awards are not subject to performance conditions and are subject to the rules of the DBP including vesting criteria.
The first third of the share awards will vest on the first anniversary of the grant date; the second third on the second anniversary of the grant date; and the remainder on the third anniversary of the grant date.
Awards over a total of 629,075 ordinary shares for directors and persons discharging managerial responsibility ("PDMR") are set out below:
Director/PDMR Position Number of shares awarded
Kevin Dennehy CFO 152,537
Javier Vallesi COO 476,538
1 Details of the person discharging managerial responsibilities/person closely associated a) Name Kevin Dennehy 2 Reason for the notification a) Position/status Chief Financial Officer, Phoenix Global Resources plc b) Initial notification/Amendment This is an initial notification. 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Phoenix Global Resources plc b) LEI 213800KGHZ6DKGJNNT92 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 financial instrument, type of Award over Ordinary Shares of 10p each instrument Identification code Award over Ordinary Shares with identification code GB00B7LHJ340 b) Nature of the transaction Grant of an award over Ordinary Shares under the Phoenix Global Resources Deferred Bonus Plan c) Price(s) and volume(s) Price Volume Nil 152,537 d) Aggregated information Price Volume ------- -------- N/A N/A e) Date of the transaction 7 May 2019 f) Place of the transaction Outside a Trading Venue 1 Details of the person discharging managerial responsibilities/person closely associated a) Name Javier Vallesi 2 Reason for the notification a) Position/status Chief Operating Officer, Phoenix Global Resources plc b) Initial notification/Amendment This is an initial notification. 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Phoenix Global Resources plc b) LEI 213800KGHZ6DKGJNNT92 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 financial instrument, type of Award over Ordinary Shares of 10p each instrument Identification code Award over Ordinary Shares with identification code GB00B7LHJ340 b) Nature of the transaction Grant of an award over Ordinary Shares under the Phoenix Global Resources Deferred Bonus Plan c) Price(s) and volume(s) Price Volume Nil 476,538 d) Aggregated information Price Volume ------- -------- N/A N/A e) Date of the transaction 7 May 2019 f) Place of the transaction Outside a Trading Venue
Ends
For further information, please contact:
Phoenix Global Resources Kevin Dennehy, CFO T: +54 11 5258 7500 plc Stockdale Securities Antonio Bossi T: +44 20 7601 6100 David Coaten Panmure Gordon Charles Lesser T: +44 20 7886 2500 Camarco Billy Clegg T: +44 20 3757 4980 Owen Roberts James Crothers
About Phoenix
Phoenix Global Resources is an independent oil and gas exploration and production company focused on Argentina and listed on the London Stock Exchange (AIM: PGR) and Buenos Aires Stock Exchange (BCBA: PGR). The Company has over 1.8 million licensed working interest acres in Argentina (of which over 0.7 million are operated), 57.1 million boe of working interest 2P reserves and average working interest production of approximately 10,249 boepd in 2018. Phoenix has signi cant exposure to the unconventional opportunity in Argentina through its approximately 700,000 working interest acres with Vaca Muerta and other unconventional potential.
The Company's website is www.phoenixglobalresources.com
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.
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May 08, 2019 02:00 ET (06:00 GMT)
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