11 Sep 2017 07:00
Altona Energy Plc - Director/PDMR ShareholdingAltona Energy Plc - Director/PDMR Shareholding
PR Newswire
London, September 11
11 September 2017
Altona Energy Plc
(“Altona” or “the Company”)
Director/PDMR Shareholding
The Board of Altona (AIM: ANR) was notified on 8 September 2017 that, on the same day, Phillip Sutherland, a Non-Executive Director of the Company, purchased 500,000 ordinary shares of 0.1p each in the Company at 0.27p per share. Mr Sutherland’s interest in the Company is now 1,440,564 shares.
| 1 | Details of the person discharging managerial responsibilities I person closely associated | |||||||
| a) | Name | Phillip Sutherland | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Non-Executive Director | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Altona 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 financial instrument, type of instrument | Ordinary shares of 0.1p each | ||||||
| Identification code |
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| b) | Nature of the transaction | Purchase of ordinary shares | ||||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price | 500,000 0.27p | ||||||
| e) | Date of the transaction | 8 August 2017 | ||||||
| f) | Place of the transaction | London Stock Exchange (AIM) | ||||||
-ends-
For further information, please visit www.altonaenergy.com or contact:
| Altona Energy plc Qinfu Zhang, Executive Chairman | +44 (0)7555 679 245 |
| Leander (Financial PR) Christian Taylor- Wilkinson | +44 (0)7795 168 157 |
| Northland Capital Partners Ltd (Nomad and Broker) Matthew Johnson / Gerry Beaney (Corporate Finance) John Howes (Corporate Broking) | +44 (0)20 3861 6625 |
About Altona
Altona is listed on the London Stock Exchange’s AIM market. Its principal focus is on the evaluation and development of the Company’s flagship Arckaringa Project to exploit the significant coal resources contained in three exploration licences covering 2,500 sq. kms in the northern portion of the Permian Arckaringa Basin in South Australia. The Project is designed to produce syngas products for the Australian market and export from a resource exceeding 7.8 billion tonnes of coal (1.3 billion tonnes JORC compliant).