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Prospex Energy plc / Index: AIM / Epic: PXEN / Sector: Oil and Gas
5 June 2026
Prospex Energy plc
("Prospex" or the "Company")
Director/PDMR Shareholding
Prospex Energy plc (AIM: PXEN), the AIM quoted investment company focused on European gas and power projects, announces that it has been notified that on 4 June 2026, Tom Reynolds, CEO of the Company, purchased 698,549 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at an average price of 3.58 pence per Ordinary Share.
Following this transaction, Tom Reynolds has a beneficial interest in 698,549 Ordinary Shares, representing approximately 0.16 per cent of the Company's total issued share capital.
Further details of this transaction are set out in the table at the end of this announcement, which have been provided in accordance with the requirements of the UK Market Abuse Regulation.
* * ENDS * *
For further information visit www.prospex.energy or contact the following:
Tom Reynolds | Prospex Energy PLC | Tel: +44 (0) 20 7236 1177 |
Ritchie BalmerRory Murphy | Strand Hanson Limited | Tel: +44 (0) 20 7409 3494 |
Andrew Monk (Corporate Broking)Andrew Raca (Corporate Finance) | VSA Capital Limited | Tel: +44 (0) 20 3005 5000 |
Neil Passmore Leif Powis | Hannam & Partners | Tel: +44 (0) 20 7907 8500 |
Ana Ribeiro / Charlotte Page | St Brides Partners Limited | Tel: +44 (0) 20 7236 1177 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Tom Reynolds | ||||
2 | Reason for the notification | |||||
a) | Position/status | CEO | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Prospex Energy Plc | ||||
b) | LEI | 213800NY9RH8O1B72D27 | ||||
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 0.1p each in Prospex Energy plc ("Ordinary Shares")
| ||||
Identification code | GB00BMFZVZ53 | |||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 4 June 2026 | ||||
f) | Place of the transaction | London Stock Exchange, XLON | ||||
Notes
Prospex Energy plc is an AIM-quoted investing company focused on high-impact onshore and shallow offshore European opportunities with short timelines to production. The Company's strategy is to acquire undervalued projects with multiple, tangible value trigger points that can be realised within 12 months of acquisition and then apply low-cost re-evaluation techniques to identify and de-risk prospects. The Company will rapidly scale up gas production in the short term to generate internal revenue, which can then be deployed to develop the asset base and further increase production.
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