5 Feb 2020 17:41
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Jadestone Energy Inc.Director Dealing
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February 5, 2020-Singapore: Jadestone Energy Inc. (AIM:JSE, TSXV:JSE) ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia Pacific region, announces that on February 5, 2020, Cedric Fontenit, a Non-executive Director of Jadestone, notified the Company that on February 1, 2020, a fund managed by Tyrus Capital S.A.M. ("Fund") holding an interest in the common shares of Jadestone Energy Inc. effected a transfer of 443.5565 units of the Fund to Mr. Fontenit, at nil cost.
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Following the transaction, Mr. Fontenit holds indirect beneficial interest in the Company through the Fund. Mr. Fontenit does not exercise control over the Fund's holdings in the Company.
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DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
AND THEIR CLOSELY ASSOCIATED PERSONS
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1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name: | Cedric Fontenit |
2. | Reason for the notification | |
a) | Position/status: | Non-executive Director |
b) | Initial notification/Amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Jadestone Energy Inc. |
b) | LEI: | 254900E4GCXW63X26Q32 |
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: Ā Ā Identification code: | Financial instrument linked to a share being units in a fund managed by Tyrus Capital S.A.M. ("Fund") holding an interest in the common shares of Jadestone Energy Inc. Ā ISIN: CA46989Q1000 |
b) | Nature of the transaction: | Acquisition of 443.5565 units in the Fund holding an interest in the common shares of Jadestone Energy Inc. |
c) | Price(s) and volume(s): | 443.5565 units in the Fund, at nil cost |
d) | Aggregated information: Ā·; Aggregated volume: Ā·; Price: | Ā 443.5565 units in the Fund Nil |
e) | Date of the transaction: | February 1, 2020 |
f) | Place of the transaction | Outside a trading venue |
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For further information, please contact:
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Enquiries
Jadestone Energy Inc. | +65 6324 0359 (Singapore) |
Paul Blakeley, President and CEO | +1 403 975 6752 (Canada) |
Dan Young, CFO | ir@jadestone-energy.com |
Robin Martin, Investor Relations Manager | Ā |
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Stifel Nicolaus Europe Limited (Nomad, Joint Broker) | +44 (0) 20 7710 7600 (UK) |
Callum Stewart | Ā |
Nicholas Rhodes | Ā |
Ashton Clanfield | Ā |
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BMO Capital Markets Limited (Joint Broker) | +44 (0) 20 7236 1010 (UK) |
Thomas Rider | Ā |
Jeremy Low | Ā |
Thomas Hughes | Ā |
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Camarco (Public Relations Advisor) | + 44 (0) 203 757 4980 (UK) |
Billy Clegg | jadestone@camarco.co.uk |
James Crothers | Ā |
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