RNS Number : 6008M
Sound Energy PLC
30 April 2018
30 April 2018
Sound Energy plc
("Sound Energy" or the "Company")
Director/PDMR Shareholding
Sound Energy, the Moroccan focused upstream gas company, announces that it has been notified that Greenberry plc ("Greenberry") has today purchased 100,000 ordinary shares in the Company ("Ordinary Shares") at an average price of 40.46 pence per Ordinary Share.
As a result of this purchase of Ordinary Shares, Continental Investment Partners SA ("CIP") and its affiliates are interested in a total of 18,775,509 Ordinary Shares, representing 1.85% of the Company's issued ordinary share capital.
Marco Fumagalli, a director of the Company, is Founding Partner of, and a 25% shareholder in, CIP. 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.
For further information please contact:
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Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon Kate Rogucheva
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Tel: 44 (0)20 7830 9700 |
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Sound Energy James Parsons, Chief Executive Officer
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Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes
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Tel: 44 (0)20 7131 4000 |
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RBC Capital Markets - Joint Broker Matthew Coakes Martin Copeland Laura White |
Tel: 44 (0)20 7653 4000 |
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Macquarie Capital (Europe) Limited - Joint Broker Alex Reynolds Nick Stamp |
Tel: 44 (0)20 3031 2000
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NOTIFICATIONS AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Greenberry plc |
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2
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Reason for the notification
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a)
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Position/status
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Notification concerns a PCA, being a legal person the managerial responsibilities of which are discharged by Marco Fumagalli, a PDMR (Non-Executive Director)
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Sound Energy plc |
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b)
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LEI
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213800VQKS2TU6FOW115
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of 1p each |
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Identification code |
GB00B90XFF12 |
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b)
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Nature of the transaction
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Purchase of ordinary shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£0.4848 |
6,376 |
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£0.4054 |
2,137 |
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£0.4052 |
13,103 |
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£0.4050 |
70,000 |
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£0.4000 |
2,706 |
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£0.4000 |
5,678 |
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d)
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Aggregated information |
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- Aggregated volume |
100,000 |
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- Price |
£40,460.28 |
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e)
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Date of the transaction
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30 April 2018 |
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f)
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Place of the transaction
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AIMX |
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This information is provided by RNS
The company news service from the London Stock Exchange