Best AIM Company 2016

RNS Number : 2676W
Sound Energy PLC
07 February 2017
 

7 February 2017

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Director/PDMR Shareholding

 

Sound Energy, the African and European focused upstream gas company, announces that it has today been notified that, on 2 February 2017, Greenberry plc ("Greenberry") acquired €300,000 of the Company's 5.0% unsecured notes due 21 June 2021 ("5.0% Bonds") at an aggregate price of €285,000 and that on that same day Greenberry sold €300,000 of the 5.0% Bonds at an aggregate price of €285,300. The 5.0% Bonds are traded on the Euro MTF Market of the Luxembourg Stock Exchange.

 

Marco Fumagalli, a director of the Company, is Managing Partner of, and a 25% shareholder in, Continental Investment Partners SA ("Continental"). Greenberry is an affiliate of Continental by virtue of its common ownership.

 

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Greenberry plc

2

Reason for the notification

a)

Position/status

 

Notification concerns a PCA, being a legal

person the managerial responsibilities of

which are discharged by Marco Fumagalli, a

PDMR (Non-Executive Director of Sound

Energy plc).

 

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Sound Energy plc

b)

LEI

-

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

5.0% secured notes due 21 June 2021


Identification code

XS1434582885

b)

Nature of the transaction

Acquisition of 5.0% secured notes due 21 June 2021

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

€0.950

300,000

d)

Aggregated information

N/A (single transaction)


Aggregated volume



Price


e)

Date of the transaction

2 February 2017

f)

Place of the transaction

Euro MTF Market of the Luxembourg Stock Exchange (XLUX)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Greenberry plc

2

Reason for the notification

a)

Position/status

 

Notification concerns a PCA, being a legal

person the managerial responsibilities of

which are discharged by Marco Fumagalli, a

PDMR (Non-Executive Director of Sound

Energy plc).

 

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Sound Energy plc

b)

LEI

-

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

5.0% secured notes due 21 June 2021


Identification code

XS1434582885

b)

Nature of the transaction

Disposal of 5.0% secured notes due 21 June 2021

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

€0.951

300,000

d)

Aggregated information

N/A (single transaction)


Aggregated volume



Price


e)

Date of the transaction

2 February 2017

f)

Place of the transaction

Euro MTF Market of the Luxembourg Stock Exchange (XLUX)

 

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Alexandra Roper

 

Tel: +44 (0)20 7830 9700

Sound Energy

James Parsons, Chief Executive Officer 

 

j.parsons@soundenergyplc.com

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: +44 (0)20 7131 4000

RBC Capital Markets - Broker

Matthew Coakes

Martin Copeland

Laura White

Tel: +44 (0)20 7653 4000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHOKODPPBKDDBK