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18 Jan 2017 07:00
Northern Petroleum Plc
("Northern Petroleum" or "the Company")
Director Shareholding
Further to the Company's announcement of 13 January 2017, Jon Murphy, a director of the Company, acquired 978,498 ordinary shares under the Open Offer. Jon's enlarged shareholding in the Company is as follows:
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 | 1,425,200 | 0.96% | 978,498 | 2,403,698 | 0.76% |
The Open Offer shares were admitted to trading on 11 January 2017.
-Ends-
For further information please contact:
Northern Petroleum Plc Tel: +44 (0)20 7469 2900
Keith Bush, Chief Executive Officer
Nick Morgan, Finance Director
Stockdale Securities Limited (Nomad and Joint Broker) Tel: +44 (0)20 7601 6100
Antonio Bossi
David Coaten
FirstEnergy Capital LLP (Joint Broker) Tel: +44 (0)20 7448 0200
Jonathan Wright
Note to Editors:
Northern Petroleum is an oil and gas company focused on production led growth. The Company is undertaking a redevelopment and production project in north west Alberta and has a broader portfolio of exploration and appraisal opportunities in countries of relatively low political risk, primarily Italy. Comprehensive information on Northern Petroleum and its oil and gas operations, including press releases, annual reports and interim reports are available from Northern Petroleum's website: www.northernpetroleum.com
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