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Director/PDMR Shareholding

3 Feb 2022 07:00

RNS Number : 5869A
Mosman Oil and Gas Limited
03 February 2022
 

3 February 2022

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

Director/PDMR Shareholding

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces that on 3 February 2022, the Company was notified that John W Barr, Executive Chairman of the Company, transferred 25 million ordinary shares from Kensington Advisory Services P/L to Kensington Consulting P/L which acts as trustee of the Barr Superfund, at a price of AUD50,000.

 

Following the transaction, there is no change in John Barr's beneficial ownership, which remains at 82,354,584 Ordinary Shares, representing 2.14% of the Company.

 

Enquiries:

 

Mosman Oil & Gas Limited John W Barr, Executive Chairman Andy Carroll, Technical Director

jwbarr@mosmanoilandgas.com acarroll@mosmanoilandgas.com

NOMAD and Joint Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Adam Cowl

+44 (0) 20 3470 0470

Alma PR

Justine James / Joe Pederzolli

+44 (0) 20 3405 0205

+44 (0) 7525 324431

mosman@almapr.co.uk

Joint Broker

Monecor (London) Ltd trading as ETX Capital Thomas Smith

020 7392 1432

 

Updates on the Company's activities are regularly posted on its website:

www.mosmanoilandgas.com

 

 

Notes to editors

Mosman (AIM:MSMN) is an oil exploration, development, and production company with projects in the US and Australia.

Mosman's strategic objectives remain consistent: to identify opportunities which will provide operating cash flow and have development upside, in conjunction with progressing exploration of existing exploration permits.

The Company has seven projects in the US: Stanley, Greater Stanley, Livingston, Winters, Challenger and Champion in East Texas and Arkoma in Oklahoma in addition to exploration projects in the Amadeus Basin in Central Australia.

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

John W Barr

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Chairman

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Mosman Oil and Gas Limited

b)

 

LEI

 

 

213800PWZID9URNNGZ54

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

 

Identification code

 

 

Ordinary shares or no par value

 

AU0000XINET1

b)

 

Nature of the transaction

 

 

Transfer of shares between funds

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

AUD0.002 (c0.11p) per share

 

25 million

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Single transaction as in 4 c) above

e)

 

Date of the transaction

 

 

3 February 2022

f)

 

Place of the transaction

 

 

Outside a trading venue

 

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