5 Jun 2020 18:10
05 June 2020
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
PDMR Dealing
Edenville Energy Plc (AIM: EDL), the AIM quoted company developing the Rukwa coal project in southwest Tanzania ("Rukwa" or the "Project"), announces that it was today informed that Adler Shine LLP has sold 40,280,000 ordinary shares of 0.02 pence each in the Company at a price of 0.039 pence per share on 3 June 2020.
Rakesh Patel, the Company's non-board accountant is a senior partner at Adler Shine LLP.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Rakesh Patel
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Non-board accountant | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Edenville Energy Plc | |||
b)
| LEI
| 213800DBIRLNVAHNDU21 | |||
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 0.02 pence each | |||
Identification code | |||||
b)
| Nature of the transaction
| Sale of ordinary shares of 0.02 pence each | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0.039 pence | 40,280,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A single transaction as above | ||||
- Price | |||||
e)
| Date of the transaction
| 03 June 2020 | |||
f)
| Place of the transaction
| AIM | |||
For further information please contact:
Edenville Energy Plc Jeff Malaihollo - Chairman Alistair Muir - CEO
| +44 (0) 20 3934 6630 |
SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker) David Hignell Charlie Bouverat Abigail Wayne
| +44 (0) 20 3470 0470 |
Brandon Hill Capital Ltd (Joint Broker) Oliver Stansfield, Jonathan Evans
| +44 20 7936 5200 |
IFC Advisory Limited (Financial PR and IR) Tim Metcalfe Graham Herring Florence Chandler | +44 (0) 20 3934 6630 |