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REG - Ascent Resources PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">ASCR.L</Origin>

RNS Number : 7757W
Ascent Resources PLC
14 February 2017

Ascent Resources plc

("Ascent" or the "Company")

Director's dealing

The Company has been notified of the following acquisition, on 13 February 2017, of ordinary shares by a Director of the Company, as part of the underwritten offer of 161,500,000 new ordinary shares at 1.85p per share:

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Colin Hutchinson

2

Reason for the notification

a)

Position / status

Chief Executive Officer

b)

Initial notification / amendment

Initial notification

3

Details of issuer

a)

Name

Ascent Resources plc

b)

LEI

(not available)

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

Identification code

Ordinary 0.2p shares in Ascent Resources plc

GB00BZ16J374

b)

Nature of the transaction

Purchase pursuant to offer of new ordinaryshares in the Company

c)

Price(s) and volume(s)

Price

Volume

1.85 pence per share

270,270

d)

Aggregated information

Price

Volume

Total

1.85 pence per share

270,270

5,000.00

e)

Date of the transaction

13 February 2017

f)

Place of the transaction

Outside of trading venue

Enquiries:

Ascent Resources plc 0207 251 4905

Clive Carver, Chairman

Colin Hutchinson, CEO

Stockdale Securities Limited, Nominated Adviser and Joint Broker 0207 601 6100

Richard Johnson

Edward Thomas

Northland Capital Partners Limited, Joint Broker0203 861 6625

Tom Price

IFC Advisory Ltd, Financial PR and IR 0203 053 8671

Tim Metcalfe

Heather Armstrong


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