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Director Dealing

30 Jun 2022 13:57

RNS Number : 8700Q
Oilex Ltd
30 June 2022
 

ASX-RNS Announcement

30 June 2022

 

ASX: OEX / AIM: OEX

Director Dealing

 

Oilex Limited (Oilex or the Company) advises that Non-Executive Director, Mr Peter Schwarz, has today transferred 10,611,250 of his fully paid ordinary shares in the Company ("Ordinary Shares") from a nominee account held in his own name to a nominee account of his spouse, Mrs Lesley Schwarz.

 

Further, on 30 June 2022, Peter Schwarz sold 10,611,250 Ordinary Shares held in his own name at a price of 0.155 pence per Ordinary Share, then acquired an interest in 10,611,250 Ordinary Shares, which are held in his Stocks and Shares ISA in the registered name of Peter Schwarz, at a price of 0.165 pence per Ordinary Share.

 

Accordingly, the holding of Peter Schwarz and his family in the Company remains unchanged at 21,222,500 Ordinary Shares.

This announcement has been authorised for release by the board of Oilex Limited.

For and on behalf of Oilex Ltd

Lisa Wynne

Company Secretary

For further information, please contact:

 

Investor Enquiries

Oilex Ltd

Roland Wessel

Managing Director

Email: oilex@oilex.com.au

Tel: +61 8 9485 3200

Australia

AIM Broker

Novum Securities

Broker

Colin Rowbury

Email: crowbury@novumsecurities.com

Tel: +44 20 7399 9427

UK

AIM Nominated Adviser

Strand Hanson Limited

Nominated Adviser

Rory Murphy/Ritchie Balmer

Email: oilex@strandhanson.co.uk

Tel: +44 20 7409 3494

UK

Media Enquiries (UK)

Vigo Consulting

Public Relations

Patrick d'Ancona/Finlay Thomson

Email: patrick.dancona@vigoconsulting.com

finlay.thomson@vigoconsulting.com

Tel:+ 44 20 7390 0230 UK

 

PDMR Notification Forms

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter Schwarz

2

Reason for the notification

a)

Position/status

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

Oilex Limited

b)

LEI

213800S292RJZ97HRR83

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 no par value each in the share capital of Oilex Limited

Identification code

AU000000OEX8

 

b)

Nature of the transaction

Transfer of ordinary shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

 

n/a

10,611,250

 

 

 

 

 

 

d)

Aggregated information

n/a

- Aggregated volume

- Price

e)

Date of the transaction

30 June 2022

f)

Place of the transaction

London Stock Exchange (AIM)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter Schwarz

2

Reason for the notification

a)

Position/status

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

Oilex Limited

b)

LEI

213800S292RJZ97HRR83

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 no par value each in the share capital of Oilex Limited

Identification code

AU000000OEX8

 

b)

Nature of the transaction

Sale & purchase of ordinary shares

c)

Price(s) and volume(s)

 

 

Price(s) (pence)

Volume(s)

 

 

0.155

10,611,250

 

 

 

0.165

10,611,250

 

 

 

 

 

d)

Aggregated information

n/a

- Aggregated volume

- Price

e)

Date of the transaction

30 June 2022

f)

Place of the transaction

London Stock Exchange (AIM)

 

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END
 
 
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