Share Name Share Symbol Market Type Share ISIN Share Description
Seplat Petroleum Development LSE:SEPL London Ordinary Share NGSEPLAT0008 ORD NGN0.50 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.50p -1.68% 146.50p 145.50p 147.50p 148.00p 147.50p 148.00p 3,568 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 334.8 32.6 34.8 4.0 825.45

SEPLAT Petroleum Development Co PLC Director/PDMR Shareholding

14/06/2018 4:56pm

UK Regulatory (RNS & others)


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RNS Number : 4704R

SEPLAT Petroleum Development Co PLC

14 June 2018

Seplat Petroleum Development Company Plc ("SEPLAT" or the "Company")

Announcement on Notification of Dealing in Shares by a PDMR

Lagos and London - 14 June 2018:

The company was notified of the sale of 900,000 ordinary shares registered in the name of Mr. Macaulay Ofurhie, a Non-Executive Director of the Company. Following the sale, Mr. Ofurhie now holds a direct interest in 4,001,611 ordinary shares in the Company which equates to a voting interest of 0.68% (based on Issued Share Capital of 588,444,561).

Further details of the transaction are set out in the attached Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them.

This notification is made in accordance with Rule 12 of the Amendments to the Listing Rules of the Nigerian Stock Exchange and Article 19 of the UK Market Abuse Regulations.

Dr. Mirian Kene Kachikwu

Company Secretary

FOR: SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC.

Details of duly authorised officer of issuer responsible for making notification:

   Roger Brown, CFO                                                        +44 (0) 203 725 6500 

Investor enquiries:

   Andrew Dymond, Investor Relations                        +44 (0) 203 725 6500 

Form For Notification And Public Disclosure Of Transactions By Persons Discharging Managerial Responsibilities And Persons Closely Associated With Them:

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                    Mr. Macaulay Ofurhie 
      --------------------------------------  ----------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------- 
 a)    Position/status                         Non-Executive Director 
      --------------------------------------  ----------------------------------------- 
 b)    Initial notification                    Initial notification 
        /Amendment 
      --------------------------------------  ----------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------- 
 a)    Name                                    SEPLAT Petroleum Development Company 
                                                Plc 
      --------------------------------------  ----------------------------------------- 
 b)    LEI                                     029200711C4S4CB2E982 
      --------------------------------------  ----------------------------------------- 
 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                     NGSEPLAT0008 
 
 b)    Nature of the transaction               Sale of shares registered in the 
                                                name of Macaulay Ofurhie 
      --------------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s) 
                                              -------------------  ------------------ 
                                               Price(s)             Volume(s) 
                                              -------------------  ------------------ 
                                               NGN711.10            900,000 
                                              -------------------  ------------------ 
 
 d)    Aggregated information 
 
  - Aggregated volume                          900,000 
 
  - Price                                      NGN711.10 
 
 e)    Date of the transaction                 11(th) June, 2018 
      --------------------------------------  ----------------------------------------- 
 f)    Place of the transaction                Lagos, Nigeria 
      --------------------------------------  ----------------------------------------- 
 

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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June 14, 2018 11:56 ET (15:56 GMT)

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