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Director/PDMR Shareholding

23 May 2019 07:00

RNS Number : 8832Z
SDX Energy Inc.
23 May 2019
 

 

 

23 May 2019

SDX ENERGY INC.

 

("SDX" or the "Company")

 

Director/PDMR Shareholding

 

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa-focused oil and gas company announces that on 21 May 2019 Michael Doyle, Non-Executive Chairman of SDX, purchased 100,000 common shares and David Mitchell, Director of SDX, purchased 97,500 common shares in the Company at average prices of CAD$0.4128 and CAD$0.41 respectively.

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

David Mitchell

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer

a)

Name

SDX Energy Inc

b)

LEI

2138009ONR2QHPDVRF95

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

 

Common shares of no par value

CA78410A1075

c)

Nature of the transaction

Acquisition

c)

Price(s) and volume(s)

Price(s)

Volume(s)

CAD$0.41

97,500

 

d)

Aggregated information

- Aggregated volume - Price

Price(s)

Volume(s)

CAD$0.41

97,500

e)

Date of the transaction

21 May 2019

f)

Place of the transaction

XTSX

 

 

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Doyle (through beneficially owned company CanPetro International Limited)

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer

a)

Name

SDX Energy Inc

b)

LEI

2138009ONR2QHPDVRF95

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

 

Common shares of no par value

CA78410A1075

c)

Nature of the transaction

Acquisition

c)

Price(s) and volume(s)

Price(s)

Volume(s)

CAD$0.4128

100,000

 

d)

Aggregated information

- Aggregated volume - Price

Price(s)

Volume(s)

CAD$0.4128

100,000

e)

Date of the transaction

21 May 2019

f)

Place of the transaction

XTSX

 

For further information:

 

SDX Energy Inc.

Mark Reid

Chief Financial Officer and Interim Chief Executive Officer

Tel: +44 203 219 5640

 

Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker)

Callum Stewart/Nicholas Rhodes/Ashton Clanfield

Tel: +44 (0) 20 7710 7600

 

Cantor Fitzgerald Europe (Joint Broker)

David Porter

Tel: +44 207 7894 7000

 

GMP FirstEnergy (Joint Broker)

Jonathan Wright

Tel: +44 207 448 0200

 

Celicourt (PR)

Mark Antelme/Jimmy Lea/Ollie Mills

Tel: +44 207 520 9261

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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