RNS Number : 1154Q
Sound Energy PLC
24 November 2016
 

24 November 2016

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Director/PDMR Shareholding

 

Sound Energy, the European and African focused upstream gas company, announces that it has been notified of an acquisition of €100,000 of the Company's 5.0% unsecured notes due 21 June 2021 ("5.0% Bonds") by Greenberry Plc  ("Greenberry") on 24 November 2016 at an aggregate price of €96,850. 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 notification below, made in accordance with the requirements of the Market Abuse Regulation, provides 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)

€0.9685

100,000

d)

Aggregated information

N/A (single transaction)

 

Aggregated volume

 

 

Price

 

e)

Date of the transaction

24 November 2016

f)

Place of the transaction

Euro MTF Market of the Luxembourg Stock Exchange (XLUX)

 

 

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

For further information on Sound Energy visit www.soundenergyplc.com or  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

 

Cantor Fitzgerald Europe - Broker

Sarah Wharry

David Porter

 

Tel: 44 (0)20 7894 8896

 


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