16 Jan 2017 09:06
Volga Gas plc
16 January 2017
Shareholdings of directors and persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
1 | Details of PDMR/person closely associated with them ('PCA')
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a)
| Name | Baring Vostok Investments PCC Limited | |||||
2 | Reason for the notification | ||||||
a)
| Position/status
| PCA - Associated with the non-executive directors Michael Calvey and Aleksey Kalinin | |||||
b)
| Initial notification /Amendment | Initial Notification | |||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||
a)
| Name | Volga Gas plc | |||||
b)
| LEI
| 2138005MSA4Q6W8E1R48 | |||||
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
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a)
| Description of the financial instrument, type of instrument Identification code
| Ordinary shares of 1p each
GB00B1VN4809 | |||||
b)
| Nature of the transaction | Market purchase of ordinary shares | |||||
c)
| Price(s) and volume(s)
|
| |||||
d)
| Aggregated information - Aggregated volume - Price
|
4,800,460
49.5p | |||||
e)
| Date of the transaction | 13 January 2017 | |||||
f)
| Place of the transaction | XLON | |||||
5. | Cumulative interest as a result of the transactions notified
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4,800,460 Ordinary Shares. Baring Vostok Investments PCC Ltd is advised by Baring Vostok Capital Partners Group Limited ("BVCP") which separately advises two Baring Vostok Private Equity Funds that hold combined interests of 58.66% of the Ordinary Share capital of the Issuer. The cumulative interests held by the funds advised by BVCP comprise 64.59% of the Ordinary Share capital of the Issuer. | |||||||