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24 Jul 2012 08:05
24 July 2012
Fastnet Oil & Gas plc
Director/PDMR Shareholding
Further to the announcement of 18 July 2012, Fastnet Oil and Gas plc ("Fastnet" or the "Company") (AIM: FAST, ESM: FOI), the newly listed E&P company focussed on near term exploration acreage in the Celtic Sea and Africa, announces the interests of the Directors in the Company's issued share capital following admission of the 40,688,212 new ordinary shares in the Company issued as consideration for the acquisition of Pathfinder Hydrocarbon Ventures Limited (the "Acquisition").
Following the Acquisition | |||
Director | Role | Number of Ordinary Shares | Percentage of Issued Share Capital |
Cathal Friel1 | Non-Executive Chairman | 18,888,051 | 9.19% |
Stephen Staley | CEO | 3,333,183 | 1.62% |
Michael Nolan | Non-Executive Director | 3,341,243 | 1.63% |
Michael Edelson | Non-Executive Director | 922,384 | 0.45% |
Note:
1. Cathal Friel's interest in Ordinary Shares in the Company includes 15,554,857 Ordinary Shares held by Raglan Road Capital Limited, a company in which Cathal Friel and his wife, Pamela Iyer, have a 90 per cent. interest
For further information, please contact:
Fastnet Oil & Gas plc Cathal Friel, Non-Executive Chairman Steve Staley, CEO | +353 (1) 644 0007 |
Shore Capital (Nominated Adviser & Joint Broker) Nomad Bidhi Bhoma Edward Mansfield
Corporate Broking Jerry Keen | +44 (0) 20 7408 4090 |
Davy (ESM Adviser & Joint Broker) John Frain Brian Garrahy Roland French
| +353 (1) 679 6363 |
FTI Consulting Billy Clegg Edward Westropp | +44 (0) 207 831 3113
|
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