22 Jan 2018 15:15
Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.
Cabot Energy Plc
("Cabot Energy", the "Group" or the "Company")
Director Shareholding
Pursuant to the Open Offer, the results of which were announced on 17 January 2018, the following Directors acquired shares:
Director | Number of Existing Ordinary Shares
| Percentage of ExistingOrdinary Shares | Number of sharesacquired under the Open Offer | Number of Ordinary Shares held after the Open Offer | Percentage of Ordinary Sharesheld after the Open Offer
|
Jon Murphy | 2,403,698 | 0.38 | 300,462 | 2,704,160 | 0.42 |
Iain Lanaghan | 427,032 | 0.07 | 53,379 | 480,411 | 0.07 |
Keith Bush | 800,379 | 0.13 | 140,047 | 940,426 | 0.15 |
Nick Morgan | 888,237 | 0.14 | 111,029 | 999,266 | 0.15 |
Paul Lafferty | 571,269 | 0.09 | 100,000 | 671,269 | 0.10 |
The Open Offer shares were admitted to trading on 18 January 2018.
Capitalised terms used in this announcement shall have the meaning ascribed to them in the circular that was sent to shareholders on 19 December 2017 unless the context otherwise requires.
The Notification of Dealing Form for each PDMR can be found below.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Jon Murphy | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Cabot Energy Plc | |||
b)
| LEI
| 213800GT56T5VYUHOC90 | |||
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 1 pence par value | |||
Identification code | GB00BF41DS29 | ||||
b)
| Nature of the transaction
| Purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
5 pence | 300,462 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 300,462 | ||||
- Price | £15,023.10 | ||||
e)
| Date of the transaction
| 18 January 2018 | |||
f)
| Place of the transaction
| London | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Iain Lanaghan | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Cabot Energy Plc | |||
b)
| LEI
| 213800GT56T5VYUHOC90 | |||
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 1 pence par value | |||
Identification code | GB00BF41DS29 | ||||
b)
| Nature of the transaction
| Purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
5 pence | 53,379 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 53,379 | ||||
- Price | £2,668.95 | ||||
e)
| Date of the transaction
| 18 January 2018 | |||
f)
| Place of the transaction
| London | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Keith Bush | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Cabot Energy Plc | |||
b)
| LEI
| 213800GT56T5VYUHOC90 | |||
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 1 pence par value | |||
Identification code | GB00BF41DS29 | ||||
b)
| Nature of the transaction
| Purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
5 pence | 140,047 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 140,047 | ||||
- Price | £7,002.35 | ||||
e)
| Date of the transaction
| 18 January 2018 | |||
f)
| Place of the transaction | London | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Nick Morgan | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Cabot Energy Plc | |||
b)
| LEI
| 213800GT56T5VYUHOC90 | |||
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 1 pence par value | |||
Identification code | GB00BF41DS29 | ||||
b)
| Nature of the transaction
| Purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
5 pence | 111,029 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 111,029 | ||||
- Price | £5,551.45 | ||||
e)
| Date of the transaction
| 18 January 2018 | |||
f)
| Place of the transaction
| London | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Paul Lafferty | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Cabot Energy Plc | |||
b)
| LEI
| 213800GT56T5VYUHOC90 | |||
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 1 pence par value | |||
Identification code | GB00BF41DS29 | ||||
b)
| Nature of the transaction
| Purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
5 pence | 100,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 100,000 | ||||
- Price | £5,000.00 | ||||
e)
| Date of the transaction
| 18 January 2018 | |||
f)
| Place of the transaction
| London | |||
-Ends-
Cabot Energy Plc | +44 (0)20 7469 2900 |
Keith Bush, Chief Executive Officer | |
Nick Morgan, Finance Director | |
SP Angel Corporate Finance LLP | +44 (0)20 3470 0470 |
Nominated Adviser and Joint Broker | |
Richard Morrison, Richard Redmayne, Charlie Bouverat | |
FTI Consulting | +44 (0)20 3727 1000 |
Financial PR | |
Edward Westropp |