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Director Dealing

2 Jul 2019 13:16

RNS Number : 2340E
ADM Energy PLC
02 July 2019
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2 July 2019

Β 

ADM Energy plc

Β 

("ADM Energy" or the "Company")

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Director Dealing

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ADM Energy plc (AIM: ADME) announces that it was yesterday informed of the following dealing in the ordinary shares of the Company made by a director.

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On 1 July 2019, Stefan Olivier, a Director of the Company, disposed of 50,000 ordinary shares in the Company at an average price of 17.20 pence per share, representing approximately 0.11% of the Company's issued ordinary share capital. Following the disposal, Mr Olivier now holds an interest in 580,000 ordinary shares in the Company, representing approximately 1.25% of the Company's issued ordinary share capital.

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This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

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For further information please contact:

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ADM Energy plc

+44 20 7786 3555

Richard Carter, Chairman

Cairn Financial Advisers LLP

+44 20 7213 0880

(Nominated Adviser)

Jo Turner, James Caithie

Pello Capital Limited

+44 20 3700 2500

(Broker)

Dan Gee

Luther Pendragon

+44 20 7618 9100Β 

(Financial PR)

Harry Chathli, Alexis Gore, Joe Quinlan

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Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Stefan Olivier

2

Reason for notification

a.

Position/Status

Chief Executive Officer

b.

Initial notification/

Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

ADM Energy plc

b.

LEI

213800DY7G8EEJCCOL47

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 instrumentIdentification Code

Ordinary Shares

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GB00BJFDXW97

b.

Nature of the transaction

On market Sale

c.

Price(s) and volume(s)

Price(s)

Volume(s)

Β£0.1721

Β£0.1719

25,000

25,000

d.

Aggregated information

- Aggregated Volume

- Price

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50,000

Β£0.01720

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e.

Date of the transaction

1/7/2019

f.

Place of the transaction

UK

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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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END
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