REG - 88 Energy Limited - Director/PDMR Shareholding

88 EnergyAnnouncement

01/11/2018 09:00

RNS Number : 0022G
88 Energy Limited
01 November 2018
 


1 November 2018
 
 
 
88 Energy Limited
 
Director Dealings
 
 
88 Energy Limited (ASX: 88E) ("88 Energy" or the "Company") confirms that each of the Directors of 88 Energy subscribed for shares in the Non-Renounceable Rights Issue announced by the Company on 3rd October 2018.  Further details of their participation and the resultant interests in shares, options and performance rights of the Directors are set out below.
 




Director


Number of Shares Acquired through the Rights Issue


Resultant number of Ordinary Shares held


% interest in enlarged share capital


Total number of Options / Performance Rights held
 




Michael John Evans


2,648,811


21,190,478


0.37%


5,000,000 Unlisted Options exercisable at $0.06 on or before 14 March 2020
 




George Henry Stephen Staley


1,000,000


11,141667


0.19%


5,000,000 Unlisted Options exercisable at $0.06 on or before 14 March 2020
 




David James Wall


4,613,096


39,404,762


0.68%


20,000,000 Unlisted Options exercisable at $0.06 on or before 14 March 2020
 
21,900,000 Performance Rights (subject to vesting conditions)
 




 
 
 
Media and Investor Relations:
 
88 Energy Ltd
Dave Wall, Managing Director                                                    Tel: +61 8 9485 0990
   Email: admin@88energy.com 
 
Finlay Thomson, Investor Relations                                         Tel: +44 7976 248471
 
Hartleys Ltd
Dale Bryan                                                                                  Tel: + 61 8 9268 2829
 
Cenkos Securities                                                                     Tel: + 44 131 220 6939
Neil McDonald/Derrick Lee
 
 
 




1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Michael John Evans




2.


Reason for the Notification




a)


Position/status


Director of the Company




b)


Initial notification/amendment


Initial notification




3.


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




a)


Name


88 Energy Limited




b)


LEI


213800YFW5171TD69V35




4.(i)


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




Identification code


AU00000088E2




b)


Nature of the Transaction


Acquisition of Ordinary Shares through Rights Issue




c)


Price(s) and volume(s)


Number of Ordinary Shares


Price




2,648,811


$0.018




 


 




 


 




d)


Aggregated information
Aggregated volume Price


2,648,811 Ordinary Shares at an aggregate value of $47,678.59




e)


Date of the transaction


31 October 2018




f)


Place of the transaction


London Stock Exchange, AIM (LON:88E)




 
 




1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


George Henry Stephen Staley




2.


Reason for the Notification




a)


Position/status


Director of the Company




b)


Initial notification/amendment


Initial notification




3.


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




a)


Name


88 Energy Limited




b)


LEI


213800YFW5171TD69V35




4.(i)


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




Identification code


AU00000088E2




b)


Nature of the Transaction


Acquisition of Ordinary Shares through Rights Issue




c)


Price(s) and volume(s)


Number of Ordinary Shares


Price




1,000,000


$0.018




 


 




 


 




d)


Aggregated information
Aggregated volume Price


1,000,000 Ordinary Shares at an aggregate value of $18,000.00




e)


Date of the transaction


31 October 2018




f)


Place of the transaction


London Stock Exchange, AIM (LON:88E)




 
 




1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


David James Wall




2.


Reason for the Notification




a)


Position/status


Director of the Company




b)


Initial notification/amendment


Initial notification




3.


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




a)


Name


88 Energy Limited




b)


LEI


213800YFW5171TD69V35




4.(i)


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




Identification code


AU00000088E2




b)


Nature of the Transaction


Acquisition of Ordinary Shares through Rights Issue




c)


Price(s) and volume(s)


Number of Ordinary Shares


Price




4,613,096


$0.018




 


 




 


 




d)


Aggregated information
Aggregated volume Price


4,613,096 Ordinary Shares at an aggregate value of $83,035.72




e)


Date of the transaction


31 October 2018




f)


Place of the transaction


London Stock Exchange, AIM (LON:88E)




 




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