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Director Dealing

19 Sep 2013 09:00

RNS Number : 4005O
Enegi Oil PLC
19 September 2013
 



ENEGI OIL PLC

AIM ticker: 'ENEG'

OTC ticker: 'EOLPF'

 

19 September 2013

 

Enegi Oil Plc

('Enegi' or 'the Company')

 

Director Dealing

 

The Company has been informed that Dominic Minty has purchased 1,600,000 ordinary shares in the Company from RMRI Plc, which is part of the RMRI group of companies ("RMRI Companies") controlled by Alan Minty, Chairman and Chief Executive Officer of Enegi. The purchase has been made at average price of 9p per share and has been undertaken in an Over the Counter Transaction ("OTC").

 

Alan Minty has not changed any of his own shareholding and his interest in the Company in his own right and through related parties following this transaction is as follows:

 

 

Alan Minty

 

7,608,911 shares

RMRI Companies

3,161,377 shares

 

 

Alan Minty's interest in Enegi therefore totals 10,770,288 shares, representing 6.86 per cent of the Company's issued share capital.

 

 

Enquiries:

 

Enegi Oil

Tel: + 44 161 817 7460

Alan Minty, CEO

Nick Elwes, Director of Communications

Cenkos Securities

Jon Fitzpatrick

Tel: + 44 207 397 8900

Neil McDonald

Tel: + 44 131 220 9771

Shore Capital

Tel: +44 207 408 4090

Jerry Keen

Patrick Castle

College Hill

Tel: + 44 207 457 2020

Alexandra Roper

David Simonson

 

 

www.enegioil.com

 

Facebook (Enegi Oil PLC)

 

Twitter (@enegioil)

 

About Enegi

 

Enegi Oil Plc is an independent oil and gas company whose strategy is to create an oil and gas company with a diversified portfolio of assets across the E&P value chain. The Company's current portfolio is made up of operations focused on opportunities around the Port au Port Peninsula in Newfoundland, Canada, the Clare Basin in County Clare, Ireland, the UK North Sea and Jordan. The Port au Port Peninsula is located in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having been discovered on a number of occasions. The Clare Basin is located in western Ireland and initial technical studies show that it has the potential to contain shale gas. The Company's licences in the UK North Sea benefit from significant previous exploration investment, and have been selected based on buoy technology operating criteria. The Company has also entered into the highly prospective Dead Sea and Wadi Araba in Jordan with its partner Korea Global Energy Corporation.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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