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Director/PDMR Shareholding

11 Sep 2017 07:00

Altona Energy Plc - Director/PDMR Shareholding

Altona Energy Plc - Director/PDMR Shareholding

PR Newswire

London, September 11

11 September 2017

Altona Energy Plc

(“Altona” or “the Company”)

Director/PDMR Shareholding

The Board of Altona (AIM: ANR) was notified on 8 September 2017 that, on the same day, Phillip Sutherland, a Non-Executive Director of the Company, purchased 500,000 ordinary shares of 0.1p each in the Company at 0.27p per share. Mr Sutherland’s interest in the Company is now 1,440,564 shares.

1Details of the person discharging managerial responsibilities I person closely associated
a)NamePhillip Sutherland
2Reason for the notification
a)Position/statusNon-Executive Director
b)Initial notification /AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameAltona Energy plc
b)LEI
4Details 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 0.1p each
Identification code
GB00B06GJT32
b)Nature of the transaction Purchase of ordinary shares
c)Price(s) and volume(s)
Price(s)Volume(s)
 0.27p 500,000
d)Aggregated information - Aggregated volume - Price  500,000 0.27p
e)Date of the transaction8 August 2017
f)Place of the transactionLondon Stock Exchange (AIM)

-ends-

For further information, please visit www.altonaenergy.com or contact:

Altona Energy plc Qinfu Zhang, Executive Chairman +44 (0)7555 679 245
Leander (Financial PR) Christian Taylor- Wilkinson+44 (0)7795 168 157
Northland Capital Partners Ltd (Nomad and Broker) Matthew Johnson / Gerry Beaney (Corporate Finance) John Howes (Corporate Broking) +44 (0)20 3861 6625

About Altona

Altona is listed on the London Stock Exchange’s AIM market. Its principal focus is on the evaluation and development of the Company’s flagship Arckaringa Project to exploit the significant coal resources contained in three exploration licences covering 2,500 sq. kms in the northern portion of the Permian Arckaringa Basin in South Australia. The Project is designed to produce syngas products for the Australian market and export from a resource exceeding 7.8 billion tonnes of coal (1.3 billion tonnes JORC compliant). 

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