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Director Dealings

26 Jul 2016 07:00

RNS Number : 1849F
President Energy PLC
26 July 2016
 

26 July 2016

PRESIDENT ENERGY PLC

("President" or "the Company")

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

The Company received notice on 25 July 2016 that, on the same day, Peter Levine, Chairman, through PLLG Investments Limited, purchased 300,000 ordinary shares at 9.5 pence per share. Following this transaction, Mr. Levine's beneficial holding in the Company amounts to 122,788,336 shares representing 23.37% of the issued share capital of the Company.

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Peter Levine

2.

Reason for the notification

a.

Position/status

Chairman

b.

Initial notification

/Amendment

Initial notification

3.

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

a.

Name

President Energy plc

b.

LEI

N/A

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

b.

Nature of the transaction

 

Purchase of shares

 

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

9.5 pence

300,000

d.

Aggregated information

· Aggregated volume

· Price

 

 

N/A

 

e.

Date of the transaction

2016-07-25

f.

Place of the transaction

AIM Market of the London Stock Exchange

 

Contact:

 

President Energy PLC

Peter Levine, Chairman

Miles Biggins, COO

 

 

+44 (0) 207 016 7950

+44 (0) 207 016 7950

 

Peel Hunt LLP (NOMAD)

Richard Crichton, Ross Allister

 

+44 (0) 207 418 8900

BMO Capital Markets

Neil Haycock, Tom Rider

and Jeremy Low

 

 +44 (0) 207 236 1010

 

 

 

Bell Pottinger

Gavin Davis, Henry Lerwill and Charles Stewart

 

+44 (0) 203 772 2500

 

 

 

 

 

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