27 Sep 2018 07:00
27 September 2018
Phoenix Global Resources plc
("Phoenix" or the "Company")
Directors' Dealings
The Board of Phoenix (AIM:PGR; BCBA:PGR) announces certain directors' transactions in the ordinary shares of the Company ("Ordinary Shares").
Directors' Dealings
The Company was informed on 26 September 2018 that certain directors and persons discharging managerial responsibility ("PDMR") acquired the following shares in the Company.
|
|
| Number | Price |
|
|
| of shares | (pence) |
| Director |
|
|
|
| Sir Michael Rake |
| 41,666 | 24.00 |
| Anuj Sharma |
| 42,000 | 25.03 |
| Philip Wolfe |
| 41,666 | 24.00 |
| John Bentley |
| 42,000 | 24.00 |
|
|
|
|
|
| PDMR |
|
|
|
| Kevin Dennehy |
| 40,000 | 24.00 |
Following these transactions, the above Directors' beneficial interest in the Company is as follows:
|
|
| Number of | % of issued |
|
|
| shares held | share capital |
| Director |
|
|
|
| Sir Michael Rake |
| 128,003 | 0.005% |
| Anuj Sharma |
| 42,000 | 0.002% |
| Philip Wolfe |
| 41,666 | 0.002% |
| John Bentley |
| 42,000 | 0.002% |
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Sir Michael Rake | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chairman, Phoenix Global Resources plc | ||||
| b) | Initial notification/Amendment | This is an initial notification. | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Phoenix Global Resources plc | ||||
| b) | LEI | 213800KGHZ6DKGJNNT92 | ||||
| 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 | Ordinary Shares of 10p each | ||||
| Identification code | GB00B7LHJ340 | |||||
| b) | Nature of the transaction | Share purchase | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information |
| ||||
| e) | Date of the transaction | 26 September 2018 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Anuj Sharma | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer, Phoenix Global Resources plc | ||||
| b) | Initial notification/Amendment | This is an initial notification. | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Phoenix Global Resources plc | ||||
| b) | LEI | 213800KGHZ6DKGJNNT92 | ||||
| 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 | Ordinary Shares of 10p each | ||||
| Identification code | GB00B7LHJ340 | |||||
| b) | Nature of the transaction | Share purchase | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information |
| ||||
| e) | Date of the transaction | 26 September 2018 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Philip Wolfe | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Financial Officer, Phoenix Global Resources plc | ||||
| b) | Initial notification/Amendment | This is an initial notification. | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Phoenix Global Resources plc | ||||
| b) | LEI | 213800KGHZ6DKGJNNT92 | ||||
| 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 | Ordinary Shares of 10p each | ||||
| Identification code | GB00B7LHJ340 | |||||
| b) | Nature of the transaction | Share purchase | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information |
| ||||
| e) | Date of the transaction | 26 September 2018 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | John Bentley | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Non-executive director, Phoenix Global Resources plc | ||||
| b) | Initial notification/Amendment | This is an initial notification. | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Phoenix Global Resources plc | ||||
| b) | LEI | 213800KGHZ6DKGJNNT92 | ||||
| 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 | Ordinary Shares of 10p each | ||||
| Identification code | GB00B7LHJ340 | |||||
| b) | Nature of the transaction | Share purchase | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information |
| ||||
| e) | Date of the transaction | 26 September 2018 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Kevin Dennehy | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Financial Officer, Phoenix Global Resources Operating LLC | ||||
| b) | Initial notification/Amendment | This is an initial notification. | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Phoenix Global Resources plc | ||||
| b) | LEI | 213800KGHZ6DKGJNNT92 | ||||
| 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 | Ordinary Shares of 10p each | ||||
| Identification code | GB00B7LHJ340 | |||||
| b) | Nature of the transaction | Share purchase | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information |
| ||||
| e) | Date of the transaction | 26 September 2018 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
Ends
Enquiries:
| Phoenix Global Resources plc | Anuj Sharma, CEO Philip Wolfe, CFO | T: +54 11 5258 7500 T: +44 20 3912 2805 |
|
Stockdale Securities |
Antonio Bossi Ed Thomas |
T: +44 20 7601 6100 |
|
Panmure Gordon |
Adam James Charles Lesser |
T: +44 20 7886 2500 |
|
Camarco |
Billy Clegg Owen Roberts James Crothers |
T: +44 20 3757 4980 |
About Phoenix:
Phoenix Global Resources is a London Stock Exchange (AIM: PGR) and Buenos Aires Stock Exchange (BCBA: PGR) listed independent Argentina focused oil and gas exploration and production company. The company has over 6.3 million licenced working interest acres in Argentina (of which over 5 million are operated), 57.2 million boe of working interest 2P reserves and average production of approximately 11,070 working interest boepd in 2017. Phoenix has significant exposure to the unconventional opportunity in Argentina through its more than 560,000 working interest acres with Vaca Muerta potential.
The Company's website is www.phoenixglobalresources.com