RNS Number : 3083K
Sound Energy PLC
06 July 2017
 

6 July 2017

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Director/PDMR Shareholding

 

Sound Energy, the Moroccan and European focused upstream gas company, announces that it has been notified that Greenberry plc ("Greenberry") has today purchased 200,000 ordinary shares in the Company ("Ordinary Shares") at a price of 49.581 pence per Ordinary Share.

 

As a result of this purchase of Ordinary Shares, Continental and its affiliates are interested in a total of 67,217,162 Ordinary Shares, representing 9.19% of the Company's issued ordinary share capital.

 

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.

 

 

 

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

 

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

Ordinary shares of 1p each


Identification code

GB00B90XFF12

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£0.49581

200,000

d)

Aggregated information

N/A (single transaction)


Aggregated volume



Price


e)

Date of the transaction

6 July 2017

f)

Place of the transaction

London Stock Exchange (XLON)

 


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