PDMR Dealing
RNS Number : 4398QBuccaneer Energy PLC12 August 2026
12 August 2026
Buccaneer Energy Plc
("Buccaneer" or the "Company")
PDMR Dealing
Buccaneer Energy (AIM: BUCE), the international oil & gas exploration and production company, announces that, further to the announcement made at 7:00am on 12 August 2026, the Company's directors, Paul Welch (Chief Executive Officer), Dr Stephen Staley (Non-Executive Chairman) and Jim Newman (Non-Executive Director) have subscribed £5,000, £5,750 and £5,750 respectively for new Ordinary Shares in the Company in relation to the Subscription.
The expected shareholdings of the Directors following the Placing, the Subscription, and the Fee Conversion, and their respective resulting interests in the Enlarged Share Capital, are set out below:
Director
Number of Existing Ordinary Shares held
Subscription Shares subscribed for in Subscription
Ordinary Shares held on Admission
Percentage of Enlarged Share Capital on Admission
Paul Welch
253,268,291
57,500,000
310,768,921
1.34%
Stephen Staley
132,969,077
50,000,000
182,969,077
0.79%
Jim Newman*
493,701,766
57,500,000
551,201,766
2.38%
*including 493,701,766 existing ordinary shares held by Dos Hermanos International, LLC, of which Mr Newman is a principal.
The FCA notification in relation to the above and made in accordance with the requirements of the UK Market Abuse Regulation is appended further below.
Capitalised terms used in this announcement shall have the same meaning as in the announcement issued by the Company at 7:00am on 12 August 2026.
For further information, contact:
Buccaneer Energy plc
Paul Welch, CEO
Email:
Investor_relations@buccaneerenergy.co.uk
Allenby Capital Limited
(Nominated Adviser and Joint Broker)
Jeremy Porter / Alex Brearley
Tel:
+44 (0) 20 3328 5656
SP Angel Corporate Finance LLP (Joint Broker)
Stuart Gledhill / Richard Hail / Adam Cowl
Tel:
+44 (0) 20 3470 0470
Celicourt Communications
(PR/IR)
Mark Antelme / Charles Denley-Myerson
Tel:
Email:+44 (0) 20 7770 6424
BucEng@celicourt.uk
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 (PCA)
a)
Name
Paul Welch
Chief Executive Officer
Stephen Staley
Non-Executive Chair
Jim Newman
Non-Executive Director
2
Reason for the notification
a)
Position/status
See 1a) above
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Buccaneer Energy plc
b)
LEI
213800JO9A4LO19YJ129
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 Shares of 0.01p each in Buccaneer Energy plc
Identification code (ISIN) for Buccaneer Energy plc ordinary shares: GB00BZ76F335b)
Nature of the transaction
Fundraising for New Ordinary Shares
c)
Price(s) and volume(s)
Price: 0.01 pence
Volumes:
Paul Welch
57,500,000
Stephen Staley
50,000,000
Jim Newman
57,500,000
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
12 August 2026
f)
Place of the transaction
Outside a trading venue
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