26 Jul 2016 07:00
26 July 2016
PRESIDENT ENERGY PLC
("President" or "the Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The Company received notice on 25 July 2016 that, on the same day, Peter Levine, Chairman, through PLLG Investments Limited, purchased 300,000 ordinary shares at 9.5 pence per share. Following this transaction, Mr. Levine's beneficial holding in the Company amounts to 122,788,336 shares representing 23.37% of the issued share capital of the Company.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Peter Levine | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chairman | ||||
b. | Initial notification /Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | President Energy plc | ||||
b. | LEI | N/A | ||||
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 1 pence | ||||
b. | Nature of the transaction |
Purchase of shares
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c. | Price(s) and volume(s) |
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d. | Aggregated information · Aggregated volume · Price
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N/A
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e. | Date of the transaction | 2016-07-25 | ||||
f. | Place of the transaction | AIM Market of the London Stock Exchange | ||||
Contact:
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PPC.L (PPC)