25 Nov 2019 07:00
PRESS RELEASE 25 November 2019
WENTWORTH RESOURCES PLC("Wentworth" or the "Company")
Director/PDMR Dealing
Wentworth (AIM: WEN), the AIM listed independent, East Africa-focused oil & gas company announces that Iain McLaren purchased 202,502 ordinary shares of no par value at an average price of 19.59p per share in the Company, equating to an aggregate value of £39,677.56.
Following this purchase, Iain McLaren holds a total of 302,502 ordinary shares, representing 0.16% of the outstanding share capital of the Company.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||
a) | Name: | Iain Archibald McLaren | ||||||||||||
2. | Reason for the notification | |||||||||||||
a) | Position/status:
| NED | ||||||||||||
b) | Initial notification/Amendment:
| Initial Notification | ||||||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
a) | Name | Wentworth Resources PLC | ||||||||||||
b) | LEI: | 213800L172PPXRPJZM82 | ||||||||||||
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:
| Ordinary shares of no par value in Wentworth Resources Plc
JE00BGT34J81 | ||||||||||||
b) | Nature of the transaction:
| Acquisition of ordinary shares of no par value in Wentworth Resources Ltd. | ||||||||||||
c) | Price(s) and volume(s): |
| ||||||||||||
d) | Aggregated information: ·; Aggregated volume: ·; Price: |
202,502 19.59p per share | ||||||||||||
e) | Date of the transaction: | 12/11/2019 - 22/11/2019 | ||||||||||||
f) | Place of the transaction: | XLON | ||||||||||||
-Ends-
Enquiries: Wentworth |
Katherine Roe, Interim Chief Executive Officer and Chief Financial Officer
|
katherine.roe@wentplc.com +44 (0)118 2065428
|
Stifel Nicolaus Europe Limited |
Nominated Adviser and BrokerCallum StewartAshton Clanfield Simon Mensley
|
+44 (0) 20 7710 7600 |
Peel Hunt LLP |
BrokerRichard CrichtonRoss Allister
|
+44 (0) 20 7418 8900 |
Vigo |
Investor Relations Adviser (UK)Patrick d'Ancona Chris McMahon
|
+44 (0) 20 7390 0230 |
About Wentworth Resources
Wentworth Resources is a publicly traded (AIM: WEN), independent oil & gas company with natural gas production, exploration and appraisal opportunities in the Rovuma Delta Basin of coastal southern Tanzania.
Inside Information
This announcement does not contain inside information.