20 Mar 2017 12:13
20 March 2017
IGas Energy plc (AIM: IGAS)
("IGas" or the "Company")
Notification of Transactions by a Director/PDMR
The Company was today informed that Robert McTighe, Non-Executive Director, today acquired 300,000 ordinary shares of 10p each in the Company ("Ordinary Shares") at a price of 4.7725 pence per share. Following this transaction Robert McTighe's beneficial interest in Ordinary Shares is now 550,000, representing approximately 0.18 percent of the Company's issued ordinary share capital*.
* In addition to these disclosed interests it was announced on 17 March 2017 that Mr McTighe had agreed to subscribe for 11,111,111 new ordinary shares in the capital of the Company at a price of 4.5p per share in a fundraising which is subject to, inter alia, shareholder approval, on 3 April 2017.
1 - Details of the person discharging managerial responsibilities / person closely associated
Must complete either for a natural person or a legal person. If completing for a legal person, please include the legal form as provided for in the register where it is incorporated, if applicable.
Name of natural person Robert McTighe
Legal person
2 - Reason for the notification
For persons discharging managerial responsibilities:
- The position occupied within the issuer, emission allowance market participant / auction platform / auctioneer / auction monitor should be indicated e.g. CEO, CFO.
For persons closely associated with:
- An indication that the notification concerns a person closely associated with a person discharging managerial responsibilities;
- Name and position of the relevant person discharging managerial responsibilities
Position/status Director
Initial notification/amendment Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity IGas Energy plc
Legal Entity Identifier code 213800S8WP2L294NR559
In accordance with ISO 1744 LEI code.
4 - Details of the transaction(s)
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; (iv) each place where transactions have been conducted
Transaction(s) summary table
Date Of Transaction |
Financial Instrument |
Identification Code |
Place Of Transaction |
Currency | ||
2017-03-20 | Ordinary Shares of 10p | GB00B29PWM59 | XLON | GBP - British Pound | ||
Nature Of Transaction:
Market purchase | Price | Volume | Total | |||
0.05 | 300000 | 14317.50 | ||||
0.00 | 0 | 0.00 | ||||
Aggregated | 0.048 | 300000 | 14317.50 | |||
For further information please contact:
IGas Energy plc
Tel: +44 (0)20 7993 9899
Stephen Bowler, Chief Executive Officer
Julian Tedder, Chief Financial Officer
Ann-marie Wilkinson, Director of Corporate Affairs
Investec Bank plc (NOMAD and Joint Corporate Broker)
Tel: +44 (0)20 7597 4000
Sara Hale/Jeremy Ellis/George Price
Canaccord Genuity (Joint Corporate Broker)
Tel: +44 (0)20 7523 8000
Henry Fitzgerald-O'Connor
Vigo Communications
Tel: +44 (0)20 7830 9700
Patrick d'Ancona/Chris McMahon