21 Nov 2018 07:00
21 November 2018
Eland Oil & Gas PLC
("Eland" or the "Company")
Director and PCA Dealing
Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria announces that Ronald Bain, Chief Financial Officer of Eland completed the share transactions set out in the table below.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014. Notification of public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated by them.
Following this notification, Mr Bain has a beneficial holding of 17,500 ordinary shares.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Ronald Bain | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chief Financial Officer | ||||
b. | Initial notification /Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Eland Oil & Gas PLC | ||||
b. | LEI | 213800QDGQKG3JKKRR86 | ||||
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 £0.10 each
GB00B8HHWX64 | ||||
b. | Nature of the transaction | Purchase of ordinary shares | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price |
17,500 shares109.25p | ||||
e. | Date of the transaction | 20 November 2018 | ||||
f. | Place of the transaction | London Stock Exchange (XLON); AIM | ||||
For further information:
Eland Oil & Gas PLC (+44 (0)1224 737300)
www.elandoilandgas.com
George Maxwell, CEO
Ronald Bain, CFO
Finlay Thomson, IR
Peel Hunt LLP, Nominated Adviser & Joint Broker (+44 (0)20 7418 8900)
Richard Crichton
David McKeown
Stifel Nicolaus Europe Limited, Joint Broker (+44 (0)20 7710 7600)
Callum Stewart
Nicholas Rhodes
Ashton Clanfield
Camarco (+44 (0) 203 757 4980)
Billy Clegg / Georgia Edmonds / Tom Huddart
Eland Oil & Gas (ELA)