Last checked at 3 Aug 2017 16:56
3 August 2017
Pantheon Resources plc
Shareholdings of directors and persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:
Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration and development company with a working interest of 50%-58% in several conventional projects in Tyler and Polk Counties, onshore East Texas was notified that two directors of the Company acquired shares in the placing announced on 27 July 2017, as follows:
· John (Jay) Cheatham, CEO purchased 116,279 shares at 43 pence per share on 28 July 2017
· Justin Hondris, Finance Director purchased 46,511 shares at 43 pence per share on 28 July 2017
1 | Details of PDMR/person closely associated with them ('PCA')
| |||||
a)
| Name | John Bishop Cheatham | ||||
2 | Reason for the notification | |||||
a)
| Position/status
| Chief Executive Officer | ||||
b)
| Initial notification /Amendment
| Initial notification of purchase of shares | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Pantheon Resources plc | ||||
b)
| LEI
| 213800SWHY5DNQS64J23 | ||||
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 of 1 pence each GB00B125SX82 | ||||
b)
| Nature of the transaction | Purchase of ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price
|
116,279 43.00p | ||||
e)
| Date of the transaction | 28 July 2017 | ||||
f)
| Place of the transaction | XLON | ||||
1 | Details of PDMR/person closely associated with them ('PCA')
| |||||
a)
| Name | Justin Hondris | ||||
2 | Reason for the notification | |||||
a)
| Position/status
| Director, Finance and Corporate Development | ||||
b)
| Initial notification /Amendment
| Initial notification of purchase of shares | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Pantheon Resources plc | ||||
b)
| LEI
| 213800SWHY5DNQS64J23 | ||||
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 of 1 pence each GB00B125SX82 | ||||
b)
| Nature of the transaction | Purchase of ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price
|
46,511 43.00p | ||||
e)
| Date of the transaction | 28 July 2017 | ||||
f)
| Place of the transaction | XLON | ||||
Further information:
Pantheon Resources plc | +44 20 7484 5359 |
Jay Cheatham, CEO | |
Justin Hondris, Director, Finance and Corporate Development | |
Stifel Nicolaus Europe Limited (Nominated Adviser and broker) | +44 20 7710 7600 |
Callum Stewart | |
Ashton Clanfield Nicholas Rhodes | |
FTI Consulting | +44 20 3727 1000 |
Ed Westropp | |
James Styles |
For further information on Pantheon Resources plc, see the website at: www.pantheonresources.com
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.