10 Jul 2017 07:00
Victoria Oil & Gas PLC (AIM: VOG)
10 July 2017
Victoria Oil & Gas Plc ("VOG" or "the Company")
Purchase of shares by Directors and change in PDMR Shareholdings
Victoria Oil & Gas Plc announces that the following Directors of the Company have bought shares in the Company through the London Stock Exchange:
Director Name | Number of Ordinary shares purchased | Total shareholding in the Company following share purchase | Percentage interest in the Company's ordinary shares |
Kevin Foo* Executive Director | 25,000 | 2,257,638
| 2.04% |
Ahmet Dik** Chief Executive Officer | 3,742 | 929,529 | 0.84% |
Andrew Diamond Finance Director | 8,800 | 12,800 | 0.01% |
John Bryant Independent Non-Executive Director | 20,000 | 20,000 | 0.02% |
Iain Patrick Independent Non-Executive Director | 20,000 | 20,000 | 0.02% |
\* The shares are purchased by H J Resources Limited on behalf of a discretionary trust, of which Kevin Foo and his wife are potential beneficiaries.
** The shares are purchased by Dostan Investments Limited in which Mr Dik and his wife have a beneficial interest
The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, gives further details:
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| 1. Kevin Foo 2. Ahmet Dik 3. Andrew Diamond 4. John Bryant 5. Iain Patrick
| ||||
2
| Reason for the notification: Increase in shareholding by Directors of the Company, all PDMRs. | |||||
a) | Position/status | 1. Executive Chairman 2. Chief Executive Officer 3. Finance Director 4. Independent Non-Executive Director 5. Independent 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
| Victoria Oil & Gas plc | ||||
b)
| LEI
| 213800JHNB148AXECS22 | ||||
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 0.5p each | ||||
Identification code | GB00BRWR3752 | |||||
b)
| Nature of the transaction | Purchase of ordinary shares | ||||
c)
| Price(s) and volume(s) | Director Name | Price | Number of shares | ||
1. Kevin Foo 2. Ahmet Dik 3. Andrew Diamond 4. John Bryant 5. Iain Patrick | 1. 54.3 2. 49.75 3. 56.5 pence 4. 49.2 pence 5. 49.2 pence
| 1. 25,000 2. 3,742 3. 8,800 4. 20,000 5. 20,000 | ||||
d)
| Aggregated information |
N/A | ||||
e)
| Date of the transactions
| Director Name | Date of Transaction | |||
1. Kevin Foo 2. Ahmet Dik 3. Andrew Diamond 4. John Bryant 5. Iain Patrick
| 1. 7 July 2017 2. 5 July 2017 3. 6 July 2017 4. 5 July 2017 5. 5 July 2017
| |||||
f)
| Place of the transaction | London Stock Exchange, AIM Market | ||||
For further information, please visit www.victoriaoilandgas.com or contact:
Victoria Oil & Gas Plc
Kevin Foo / Laurence Read Tel: +44 (0) 20 7921 8820
Strand Hanson Limited (NOMAD)
Rory Murphy / Stuart Faulkner / James Dance Tel: +44 (0) 20 7409 3494
Shore Capital Stockbrokers Limited (Joint Broker)
Mark Percy / Toby Gibbs (corporate finance) Tel: +44 (0) 207 408 4090
Jerry Keen (corporate broking)
FirstEnergy Capital LLP (Joint Broker)
Jonathan Wright / David van Erp Tel: +44 (0) 207 448 0200
Camarco (Financial PR)
Billy Clegg Tel: +44 (0) 203 757 4983
Nick Hennis Tel: +44 (0) 203 781 8330