5 Apr 2013 12:50
NORTHERN PETROLEUM PLC - Directors ShareholdingsNORTHERN PETROLEUM PLC - Directors Shareholdings
PR Newswire
London, April 5
Embargoed for immediate release 5th April 2013
Northern Petroleum Plc ("Northern" or "the Company") Directors ShareholdingsThe Company has been advised today that Graham Heard, Exploration & TechnicalDirector, this morning transferred 9,264 ordinary shares from his personalholdings to his SIPP at a price of 44.75p per share, being the mid market priceat start of business today. Following this transaction Mr Heard's beneficialshareholding remains at 587,497 ordinary shares, which represents 0.63 per centof the issued share capital of the Company.
Following this transaction, the Directors' total beneficial shareholdingsremain at 3,614,461 ordinary shares, which represents 3.79 per cent of theenlarged issued share capital of the Company.
For further information please contact:
Northern Petroleum Plc Tel: +44 (0)20 7469 2900
Graham Heard, Exploration and Technical Director
Westhouse Securities (Nomad and Broker) Tel: +44 (0)20 7601 6100
Richard Baty - Corporate Finance
Ian Napier - Corporate Broking
FTI Consulting Tel: +44 (0)20 7831 3113
Billy Clegg/ Victoria Huxster
Bishopsgate Communications Tel: +44 (0)20 7562 3350
Nick Rome
Notes to Editors:
Northern is a full cycle oil and gas company currently holding numerouslicences in a number of low risk areas and is continuing with its strategy ofadding and securing value for shareholders as it engages with projects at allstages of the E&P value chain.
Comprehensive information on Northern and its oil and gas operations, includingall press releases, annual reports and interim reports are available from theCompany's website at www.northpet.com.