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Director/PDMR Shareholding

21 Jul 2021 07:00

RNS Number : 8971F
Trinity Exploration & Production
21 July 2021
 

Trinity Exploration & Production plc ("Trinity" or the "Company")

 

Director/PDMR shareholding

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, announces that Angus Winther, Non-Executive Director, has notified the Company, on 20 July 2021, that he has made the following share purchases:

Date purchased

Price

Volume(s)

19 July 2021

170p

10,000

20 July 2021

170p

10,000

Following these purchases, Mr Winther is now interested in 3,113,299 Ordinary shares in the Company representing 8.01 per cent of the issued share capital (voting rights), of the Company as per the following table:

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

Angus Winther

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

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

 

a)

 

Name

 

 

Trinity Exploration & Production plc

b)

 

LEI

 

 

213800WHW7571LAEDG63

 

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 USD 0.01 per share par value

 

 

Identification code

GB00BN7CJ686

 

b)

 

Nature of the transaction

 

 

Acquisition of shares

c)

 

Price(s) and volume(s)

 

 

 

 

 

Date purchased

Price(s)

Volume(s)

 

 

19 July 2021

170p

10,000

 

 

20 July 2021

170p

10,000

 

 

 

 

 

d)

 

Aggregated information

- Aggregated volume

20,000 shares

- Price

170p

e)

 

Date of the transaction

 

 

19 & 20 July 2021

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

Enquiries

 

For further information please visit www.trinityexploration.com or contact:

 

Trinity Exploration & Production plc

+44 (0)131 240 3860

Bruce Dingwall CBE, Executive Chairman

Jeremy Bridglalsingh, Managing Director

Tracy Mackenzie, Corporate Development Manager

SPARK Advisory Partners Limited (Nominated Adviser and Financial Adviser)

+44 (0)20 3368 3550

Mark Brady

 

Cenkos Securities PLC (Broker)

Leif Powis (Corporate Broking)

Neil McDonald

+44 (0)20 7397 8900

+44 (0)131 220 6939

Walbrook PR Limited

+44 (0)20 7933 8780

Nick Rome

trinityexploration@walbrookpr.com

 

About Trinity (www.trinityexploration.com)

Trinity is an independent oil production company focused solely on Trinidad and Tobago. Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth. The Company operates all of its nine licences and, across all of the Group's assets, management's estimate of the Group's 2P reserves as at the end of 2020 was 19.55 mmbbls. Group 2C contingent resources are estimated to be 31.06 mmbbls. The Group's overall 2P plus 2C volumes are therefore 50.61 mmbbls.

 

Trinity is quoted on the AIM market of the London Stock Exchange under the ticker TRIN.

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