9 May 2018 07:01
09 May 2018
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Frontera Resources Corporation
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("Frontera Resources" or "the Company")
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Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs")
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Frontera Resources Corporation (AIM: FRR), the European focused independent oil and gas exploration and production company, was notified on 8 May 2018 by Zaza Mamulaishvili, President and CEO, of the purchase of 26,000,000 ordinary shares, representing 0.16 per cent. of the issued share capital of the Company, totaling £126,400. Following this share purchase, Mr Mamulaishvili holds a total of 1,040,259,226 Ordinary Shares, representing 6.6 per cent. of the Company's issued share capital. The share purchase occurred at the available market price as set forth below.
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PDMR | Date | Purchase Price | No. of Shares |
 Zaza Mamulaishvili |  8 May 2018 |   0.48 pence |  10,000,000 |
 |  | 0.49 pence | 16,000,000 |
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The issued share capital of the Company comprises 15,760,835,403 ordinary shares of US$0.00004 each.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014
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Enquiries:
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Frontera Resources | (713)Â 585-Â 3216 | Â | |
Zaza Mamulaishvili | Â | Â | |
info@fronteraresources.com | Â | Â | |
 Cairn Financial Advisers LLP | +44 (0) 20 7213 0880 |  | |
Jo Turner / Liam Murray  |  |  | |
WH Ireland Limited | +44 (0) 20 3411 1880 | Â | |
James Joyce / Alex Bond  |  |  | |
Yellow Jersey | +44 (0) 203 735 8825 |  | |
Tim Thompson | Â | Â | |
Harriet Jackson | Â | Â | |
Henry Wilkinson | Â | Â | Â |
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Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Zaza Mamulaishvili | ||||||
2 | Reason for notification | Â | ||||||
a. | Position/Status | PDMR - President and CEO | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Frontera Resources Corporation | ||||||
b. | LEI | 21380047MY4HWMO3LH65 | ||||||
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. | Â Description of the financial instrument, type of instrumentIdentification Code | Ordinary Shares of US$0.00004 eachISIN: KYG368131069Â | ||||||
b. | Â Nature of the transaction | PDMR Dealing | ||||||
c. | Â Price(s) and volume(s) | Â | Â | Â | Â | Â | ||
 | Price(s) | Volume(s) |  | |||||
0.48 pence per share  0.49 pence per share | 10,000,000   16,000,000 |  | ||||||
 | ||||||||
d. | Â Aggregated information - Aggregated Volume - Price | N/A | ||||||
e. | Â Date of the transaction | 8 May 2018 | ||||||
f. | Â Place of the transaction | XLON (AIM Market) Â | ||||||
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