14 Feb 2017 07:00
Ascent Resources plc
("Ascent" or the "Company")
Director's dealing
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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:
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Â Name | Colin Hutchinson | ||||||
2 | Reason for the notification | |||||||
a) | Â Position / status | Chief Executive Officer | ||||||
b) | Â Initial notification / amendment | Initial notification | ||||||
3 | Details of issuer | |||||||
a) | Â Name | Ascent Resources plc | ||||||
b) | Â 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) | Â Price(s) and volume(s) |
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d) | Â Aggregated information |
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e) | Â Date of the transaction | 13 February 2017 | ||||||
f) | Place of the transaction | Outside of trading venue | ||||||
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Enquiries:
Ascent Resources plc 0207 251 4905
Clive Carver, Chairman
Colin Hutchinson, CEO
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Stockdale Securities Limited, Nominated Adviser and Joint Broker 0207 601 6100
Richard Johnson
Edward Thomas
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Northland Capital Partners Limited, Joint Broker 0203 861 6625
Tom Price
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IFC Advisory Ltd, Financial PR and IR 0203 053 8671
Tim Metcalfe
Heather Armstrong
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