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10 Nov 2016 12:19
This announcement contains inside information
10 November 2016
Hurricane Energy plc
("Hurricane" or the "Company")
Directors' Shareholdings
Hurricane Energy plc (AIM: HUR.L), the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, was informed on 10 November 2016 of the following purchases of Hurricane's ordinary shares of 0.1p each ("Ordinary Shares"), on 8 November 2016, by certain directors of the Company:
Director | Number of Ordinary Shares acquired | Resulting number of Ordinary Shares held | % of issued share capital |
David Jenkins | 3,338 | 203,338 | 0.017% |
John van der Welle | 4,159 | 154,159 | 0.013% |
The Ordinary Shares were acquired at a price of 34 pence per share pursuant to the Company's Open Offer announced on 20 October 2016.
Contact details:
Hurricane Energy plc Dr Robert Trice, Chief Executive Officer Alistair Stobie, Chief Financial Officer
| +44 (0)1483 862 820 |
Cenkos Securities plc Nominated Adviser and Joint Broker Derrick Lee/Nick Tulloch/Beth McKiernan
| +44 (0)131 220 6939 |
Macquarie Capital (Europe) Limited Joint Broker Alex Reynolds / Guy de Freitas
| +44 (0)20 3037 2000 |
Vigo Communications Patrick d'Ancona/Ben Simons | +44 (0)20 7830 9700 |
About Hurricane
Hurricane is an oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs. The Company's focus is to discover, appraise and develop oil reserves in basement rock. Hurricane has already successfully discovered substantial volumes of oil on the UKCS. The Company has 444-470 mmboe of 2C Contingent Resources and 432-442 mmboe of P50 Prospective Resources on acreage it controls 100%.
Further information on Hurricane can be found at: www.hurricaneenergy.com.
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