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Director/PDMR Shareholding

7 Feb 2025 13:50

RNS Number : 3923W
Coro Energy PLC
07 February 2025
 

 

7 February 2025

 

 

Coro Energy plc

("Coro" or the "Company")

 

 

Director / PDMR Dealings

 

 

Coro Energy Plc, the South East Asian energy company with a natural gas and clean energy portfolio, announces that following the purchase on 6 February 2025 by Tom Richardson, Non-Executive Chairman of the Company, of EUR 525,000 of the Company's Luxembourg listed EUR 22.5 million 10.0% secured notes ("Bonds"), the Bonds today converted into new ordinary shares in the Company ("Ordinary Shares").

As a result, Mr. Richardson is now interested in a total of 7,271,065 Ordinary Shares, representing 1.51% per cent of the enlarged issued share capital of the Company.

The notifications below, made in accordance with the UK Market Abuse Regulation, provide further details.

 

For further information please contact:

Coro Energy plc

Via Vigo Consulting Ltd

 

Cavendish Capital Markets Limited (Nominated Adviser)

Adrian Hadden

Ben Jeynes

 

 

Tel: 44 (0)20 7220 0500

Hybridan LLP (Nominated Broker)

Claire Louise Noyce

 

Tel: 44 (0)20 3764 2341

 

Vigo Consulting (IR/PR Advisor)

Patrick d'Ancona

Finlay Thomson

 

Tel: 44 (0)20 7390 0230

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Tom Richardson

 

 

2.

Reason for the notification

a.

Position/status

Non-Executive Chair

 

 

b.

Initial notification/Amendment

Initial Notification

 

 

3.

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

a.

Name

Coro Energy Plc

 

 

b.

LEI

2138004JXMD9YXLMKS49

 

 

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 Shares of GBP0.005 per share par value

 

 

GB00BS457501

 

 

b.

Nature of the transaction

Issue of Ordinary Shares following conversion of Luxembourg listed 10.0% secured notes 

 

 

c.

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

7,271,065

 

d.

Aggregated information

·Aggregated volume

·Price

 

 

N/A - single transaction

e.

Date of the transaction

7 February 2025

 

 

f.

Place of the transaction

Outside of a trading venue

 

 

 

 

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END
 
 
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