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Director/PDMR Shareholding

11 Dec 2020 08:00

RNS Number : 3563I
Ascent Resources PLC
11 December 2020
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11 December 2020

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Ascent Resources plc

("Ascent" or the "Company")

Director / PDMR Shareholding

Ascent Resources Plc (LON: AST) the onshore Caribbean, Hispanic American and European energy and natural resources company, announces that James Parsons, the Company's Executive Chairman, purchased through his SIPP a total of 167,800 ordinary shares in the Company at an average price of 5.955p per share.

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Following the acquisition Mr Parsons is now interested in 167,800 ordinary shares in the Company, representing 0.176 percent of the Company's issued ordinary share capital.

The notification below, made in accordance with the requirements of the Market Absue regulations, provides further details.

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Enquiries:

Ascent Resources plc

Andrew Dennan

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Via Vigo Communications

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WH Ireland, Nominated Adviser & Broker

James Joyce / Chris Savidge

0207 220 1666

Novum Securities, Joint Broker

John Belliss

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0207 399 9400

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

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1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

James Parsons

2

Reason for the notification

a)

Position/status

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PDMR (Executive Chairman)

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b)

Initial notification/Amendment

Initial Notification

3

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

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a)

Name

Ascent Resources plc

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b)

LEI

213800Q8R5GV7DLNEL37

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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

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a)

Description of the financial instrument, type of instrument

Ordinary shares of £0.005 each

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Identification code

GB00BJVH7905

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b)

Nature of the transaction

Purchase of ordinary shares

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c)

Price(s) and volumes(s)

Price(s)

Volume(s)

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Ā£0.0592

Ā£0.0599

84,394

83,406

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d)

Aggregated information

167,800

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Aggregated volume

Ā£9,992.06

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Price

Ā£0.05955

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e)

Date of the transaction

10 December 2020

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f)

Place of the transaction

AIMX

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DSHGRBDDRUBDGGB
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