Last checked at 30 Jul 2021 11:35
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.
July 30, 2021
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Director/ PDMR Shareholding
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the listed international oil & gas production company focused on pursuing African development opportunities, announces that its Chief Executive Officer, Mr. Andrea Cattaneo, has notified the Company that yesterday, July 29, 2021, he purchased a total of 1,954,397 common shares of no par value ("Common Shares") in the capital of the Company at a price of NOK 0.1535 per Common Share (equivalent to approximately £0.012).
Following the aforementioned dealing, Mr. Cattaneo is directly beneficially interested in a total of 63,438,512 common shares in the capital of the Company, representing 4.51 percent of the total issued and outstanding common share capital of the Company.
Further Information:
Zenith Energy Ltd |
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Andrea Cattaneo, Chief Executive Officer | Tel: +1 (587) 315 9031 |
| E-mail: info@zenithenergy.ca |
Allenby Capital Limited - Financial Adviser & Broker |
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Nick Harriss Nick Athanas | Tel: + 44 (0) 203 328 5656 |
Notes to Editors:
Zenith Energy Ltd. is an international oil and gas production company, listed on the London Stock Exchange (LSE:ZEN) and the Euronext Growth Market of the Oslo Stock Exchange (OSE:ZENA).
Zenith's development strategy is to identify and rapidly seize value-accretive hydrocarbon production opportunities in the oil & gas sector, specifically in Africa.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities / person closely associated |
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a) | Name | Andrea Cattaneo |
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2 | Reason for the notification |
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a) | Position/status | Chief Executive Officer & President |
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b) | Initial notification/Amendment | Initial Notification |
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) | Name | Zenith Energy Ltd. |
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b) | LEI | 213800AYTYOYD61S4569 |
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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 |
Common Shares of No Par Value
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| Identification code | CA98936C1068 |
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b) | Nature of the transaction | Purchase of Common Shares |
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c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
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NOK 0.1535 | 1,954,397 |
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d) | Date of the transaction(s) | July 29, 2021 |
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e) | Place of the transaction | Off Market |
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