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Director/PDMR Shareholding

19 Jun 2024 11:06

RNS Number : 0743T
Longboat Energy PLC
19 June 2024
 

19 June 2024

Longboat Energy plc

("Longboat Energy", "the Company" or "Longboat")

 

Notification of Transaction by Person Discharging Managerial Responsibilities ("PDMR")

 

PDMR Share Purchase

 

Longboat Energy, an emerging full-cycle E&P company, has been notified that on 17 June 2024 James Menzies, Chairman SE Asia and Executive Chairman elect of the Company, purchased 1,025,641 ordinary shares of 10p each in the share capital of the Company.

 

Following this announcement, the Directors and PDMRs will hold 6.9% of the total issued share capital of the Company.

 

Notification of Deal Forms of each PDMR can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

1.

Details of the person discharging managerial responsibilities/persons closely associated

a)

Name

James Graeme Menzies

2.

Reason for notification

a)

Position/Status

Chairman SE Asia

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Longboat Energy plc

b)

LEI

213800D1D587TB36ST68

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 and identification code

Ordinary Shares of £0.10 each in the capital of Longboat Energy plc ISIN: GB00BKFW2482

b)

Nature of transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

9.75pence

1,025,641

 

d)

Aggregated Information

n/a

e)

Date of transaction

17 June 2024

f)

Place of transaction

London Stock Exchange

 

Enquiries:

Longboat Energy

via FTI

Nick Ingrassia (Chief Executive)

Stifel (Nomad and Joint Broker)

Tel: +44 20 7710 7600

Callum Stewart

Jason Grossman

Ashton Clanfield

SNELLongboatEnergy@Stifel.com

Cavendish Capital Markets Limited (Joint Broker)

Tel: +44 20 7397 8900

Neil McDonald

Pete Lynch

Leif Powis

FTI Consulting (PR adviser)

Tel: +44 20 3727 1000

Ben Brewerton

Rosie Corbett

Catrin Trudgill

longboatenergy@fticonsulting.com

 

 

 

The information contained within this announcement is considered to be inside information prior to its release.

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