Last checked at 14 Feb 2017 07:00
Ascent Resources plc
("Ascent" or the "Company")
Director's dealing
The Company has been notified of the following acquisition, on 13 February 2017, of ordinary shares by a Director of the Company, as part of the underwritten offer of 161,500,000 new ordinary shares at 1.85p per share:
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Colin Hutchinson | ||||||
2 | Reason for the notification | |||||||
a) | Position / status | Chief Executive Officer | ||||||
b) | Initial notification / amendment | Initial notification | ||||||
3 | Details of issuer | |||||||
a) | Name | Ascent Resources plc | ||||||
b) | LEI | (not available) | ||||||
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 Identification code | Ordinary 0.2p shares in Ascent Resources plc
GB00BZ16J374 | ||||||
b) | Nature of the transaction | Purchase pursuant to offer of new ordinary shares in the Company | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 13 February 2017 | ||||||
f) | Place of the transaction | Outside of trading venue | ||||||
Enquiries:
Ascent Resources plc 0207 251 4905
Clive Carver, Chairman
Colin Hutchinson, CEO
Stockdale Securities Limited, Nominated Adviser and Joint Broker 0207 601 6100
Richard Johnson
Edward Thomas
Northland Capital Partners Limited, Joint Broker 0203 861 6625
Tom Price
IFC Advisory Ltd, Financial PR and IR 0203 053 8671
Tim Metcalfe
Heather Armstrong