San Leon Energy PLC Director Dealings (3676M)

TIDMSLE

RNS Number : 3676M

San Leon Energy PLC

11 May 2020

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

11 May 2020

San Leon Energy plc

("San Leon" or the "Company")

Director Dealings

San Leon, the independent oil and gas production, development and exploration company focussed on Nigeria, announces that it has been notified that Oisin Fanning, Chief Executive, has purchased a total of 98,000,000 ordinary shares at a price of 21.0 pence per share on 07 May 2020. Following the purchase, Oisin Fanning has an interest of 107,495,864 ordinary shares (23.89 %) in the Company.

Enquiries:

 
                                         + 353 1291 
 San Leon Energy plc                      6292 
 Oisin Fanning, Chief Executive 
 
 Cantor Fitzgerald Europe 
  (Nominated adviser and joint broker    [phone] 
  to the Company)                         7000 
 David Porter 
  Rick Thompson 
 
 
   Whitman Howard Limited                [phone] 
   (Joint broker to the Company)          1234 
 Nick Lovering 
 
 Brandon Hill Capital Limited            [phone] 
  (Joint broker to the Company)           5000 
 Oliver Stansfield 
  Jonathan Evans 
 
 Tavistock                               [phone] 
  (Financial Public Relations)            3150 
 Nick Elwes 
  Simon Hudson 
  Barnaby Hayward 
 
                                         +353 1 230 
 Plunkett Public Relations                3781 
 Sharon Plunkett 
 
 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                                  Oisin Fanning 
       ------------------------------------  --------------------------------- 
 2      Reason for the notification 
       ----------------------------------------------------------------------- 
 a)     Position/status                       CEO 
       ------------------------------------  --------------------------------- 
 b)     Initial notification                   Initial Notification 
         /Amendment 
       ------------------------------------  --------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ----------------------------------------------------------------------- 
 a)     Name                                  San Leon Energy plc 
       ------------------------------------  --------------------------------- 
 b)     LEI 
       ------------------------------------  --------------------------------- 
 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 0.01 EUR 
         financial instrument, 
         type of instrument 
       ------------------------------------  --------------------------------- 
 
        Identification code                   IE00BWVFTP56 
       ------------------------------------  --------------------------------- 
 
 b)     Nature of the transaction             Acquisition of shares 
       ------------------------------------  --------------------------------- 
 c)     Price(s) and volume(s)                  Price(s)        Volume(s) 
----   ------------------------------------   --------------  -------------- 
                                               21.00           98,000,000 
   -----------------------------------------  --------------  -------------- 
 
 d)     Aggregated information 
       -------------------------------------  -------------------------------- 
 
   - Aggregated volume                   98,000,000 
  ------------------------------------  -------------------------------------- 
 
   - Price                               21.00 
  ------------------------------------  -------------------------------------- 
 
 e)     Date of the transaction               07 May 2020 
       ------------------------------------  --------------------------------- 
 f)     Place of the transaction              London Stock Exchange; AIM 
       ------------------------------------  --------------------------------- 
 

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May 11, 2020 02:00 ET (06:00 GMT)