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Director Shareholding Notification

25 Jun 2012 17:22

RNS Number : 1084G
Sterling Energy PLC
25 June 2012
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25 June 2012

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STERLING ENERGY PLC

("Sterling" or the "Company")

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Director Shareholding Notification

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Sterling Energy Plc ("Sterling" or the "Company") (AIM: SEY), an oil company with interests in Africa and the Middle East, announces the following transactions in which Directors have interests.

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Philip Frank, Exploration Director, has a beneficial interest in the purchase of 100,000 ordinary shares acquired at an average price of 36.71 pence per share on 21 June 2012. Following this purchase, Dr Frank is beneficially interested in a total of 132,204 ordinary shares representing 0.06% of the issued share capital of the Company.

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Angus MacAskill, Chief Executive, has a beneficial interest in the purchase of 100,000 ordinary shares acquired between 21 and 22 June 2012 at an average price of 36.57 pence per share. Following this purchase, Mr MacAskill is beneficially interested in a total of 302,000 ordinary shares representing 0.14% of the issued share capital of the Company.

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Further information:

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Sterling Energy plc

(+44 20 7405 4133)

Alastair Beardsall, Chairman

Angus MacAskill, Chief Executive

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Liberum Capital

(+44 20 3100 2222)

Simon Atkinson

Tim Graham

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Peel Hunt LLP

(+44 20 7418 8900)

Andy Crossley

Richard Crichton

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