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SDX Sdx Energy Plc

3.65
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sdx Energy Plc LSE:SDX London Ordinary Share GB00BJ5JNL69 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.65 3.50 3.80 3.65 3.65 3.65 1,591,725 07:43:32
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

SDX Energy Inc. PDMR Dealing (9214K)

13/07/2017 7:00am

UK Regulatory


Sdx Energy (LSE:SDX)
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TIDMSDX

RNS Number : 9214K

SDX Energy Inc.

13 July 2017

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY SDX TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

13 July 2017

SDX ENERGY INC.

("SDX" or the "Company")

PDMR Dealing

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company was notified that;

-- Paul Welch, Chief Executive Officer and Director purchased 85,000 Common Shares of SDX Energy Inc. on July 12, 2017; and

-- David Vernon Richards, Non-executive Director purchased 5,469 and 7,000 Common Shares of SDX Energy Inc. respectively on July 10 and July 11, 2017

Notification Form

 
 1     Details of PDMR / person closely associated 
        with them ("PCA") 
 (a)   Name                             Paul Michael Welch 
      -------------------------------  --------------------------------- 
 (b)   Position/status                  Chief Executive Officer/Director 
      -------------------------------  --------------------------------- 
 (c)   Initial notification/amendment   Initial 
      -------------------------------  --------------------------------- 
 2     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                      Common Shares of SDX Energy 
        of the financial                 Inc 
        instrument 
      -------------------------------  --------------------------------- 
 (b)   Nature of the                    Purchase of Shares 
        transaction 
      -------------------------------  --------------------------------- 
 (c)   Price(s) and                      Price(s)     Volume(s) 
        volume(s)                         GBP0.4470    50,000 
                                                      ---------- 
                                          GBP0.4500    35,000 
                                                      ---------- 
      -------------------------------  --------------------------------- 
 (d)   Aggregated information 
        Aggregated volume                  85,000 Shares 
        Price                              GBP0.4482 
      -------------------------------  --------------------------------- 
 (e)   Date of the                      2017-07-12 
        transaction 
      -------------------------------  --------------------------------- 
 (f)   Place of the                     London Stock Exchange - 
        transaction                      AIM (XLON) 
      -------------------------------  --------------------------------- 
 

Notification Form

 
 1     Details of PDMR / person closely associated 
        with them ("PCA") 
 (a)   Name                             David Vernon Richards 
      -------------------------------  ------------------------------- 
 (b)   Position/status                  Non-Executive Director 
      -------------------------------  ------------------------------- 
 (c)   Initial notification/amendment   Initial 
      -------------------------------  ------------------------------- 
 2     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                      Common Shares of SDX Energy 
        of the financial                 Inc 
        instrument 
      -------------------------------  ------------------------------- 
 (b)   Nature of the                    Purchase of Shares 
        transaction 
      -------------------------------  ------------------------------- 
 (c)   Price(s) and                      Price(s)      Volume(s) 
        volume(s)                         CAD 0.7500    5,469 
                                                       ---------- 
                                          CAD 0.7000    7,000 
                                                       ---------- 
      -------------------------------  ------------------------------- 
 (d)   Aggregated information 
        Aggregated volume                  12,469 Shares 
        Price                              CAD 0.7219 
      -------------------------------  ------------------------------- 
 (e)   Date of the                      2017-07-10 (5,469 shares) 
        transaction                      and 2017-07-11 (7,000 shares) 
      -------------------------------  ------------------------------- 
 (f)   Place of the                     Toronto Stock Exchange - 
        transaction                      TSXV (XTSX) 
      -------------------------------  ------------------------------- 
 

About SDX

SDX is an international oil and gas exploration, production and development company, headquartered in London, England, UK, with a principal focus on North Africa. In Egypt, SDX has a working interest in two producing assets (50% North West Gemsa & 50% Meseda) located onshore in the Eastern Desert, adjacent to the Gulf of Suez. It also has a 55% operated working interest in the South Disouq concession, located in the Nile Delta, where a gas discovery was made by the SD-1X well in 2017. In Morocco, SDX has a 75% working interest in the Sebou concession situated in the Rharb Basin. These producing assets are characterised by exceptionally low operating costs making them particularly resilient in a low oil price environment. SDX's portfolio also includes high impact exploration opportunities in both Egypt and Morocco.

For further information, please see the website of the Company at www.sdxenergy.com or the Company's filed documents at www.sedar.com.

For further information:

 
 SDX Energy Inc. 
  Paul Welch 
  President and Chief     Mark Reid 
  Executive Officer        Chief Financial Officer 
  Tel: +44 203 219 5640    Tel: +44 203 219 5640 
 Cantor Fitzgerald Europe (Nominated Adviser 
  & Joint Broker) 
  Sarah Wharry/Craig Francis 
  Tel: +44 207 7894 7000 
 GMP FirstEnergy (Joint Broker) 
  Jonathan Wright/David van Erp 
  Tel: +44 207 448 0200 
 Celicourt (PR) 
  Mark Antelme/Joanna Boon/Jimmy Lea 
  Tel: +44 207 520 9260 
 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHZMGMNLZDGNZM

(END) Dow Jones Newswires

July 13, 2017 02:00 ET (06:00 GMT)

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