Cadogan Energy Solutions Plc
("Cadogan" or the "Company")
Director Dealings - Market Share Sale
Cadogan Energy Solutions plc ("Cadogan" or the "Company") today announces that
its Non-Executive Director, Mr. Michel Meeus, has terminated a financial
agreement with collateral over 15,800,000 ordinary shares of £0.03 each, in
the capital of the Company, at a price of £0.026 each.
Following this transaction, Mr Michel Meeus holds in total 10,200,000 shares
representing 4.18% of the Company.
About
Cadogan is an independent, energy company, which operates an exploration and
production license in Western Ukraine, conducts gas trading operations, and
provides services to E&P companies. The aim of the Company is to be a
diversified energy group making investments offering energy solutions and
alternative services with a lower environmental impact.
For further information, please contact:
Cadogan Energy Solutions plc
Fady Khallouf Chief Executive
Officer f.khallouf@cadogan-es.com
Ben Harber Company
Secretary +44 0207 264 4366
Appendix
The notification detailed above and summarised in the table below is made in
accordance with the requirements of the EU Market Abuse Regulations as
follows:
Mr Michel Meeus, Non-Executive Director, has terminated on 15 March 2024 a
financial agreement with collateral over 15,800,000 ordinary shares of £0.03
each, in the capital of the Company.
1. Details of PDMR/ person closely associated with them (`PCA')
a) Name Michel Meeus
2. Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification / Amendment Initial notification of sale of shares
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Cadogan Energy Solutions plc
b) LEI 213800JIBKL29FAK1213
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
Description of the financial instrument, type of instrument Ordinary shares of 3 pence each
Identification code
GB00B12WC938
b) Nature of the transaction Termination of a financial agreement with collateral over 15,800,000 shares
c) Price(s) and volume(s) Price(s) Volume(s)£0.026 15,800,000
Aggregated information * Aggregated volume 15,800,000 £0.026
* Price
e) Date of the transaction 15 March 2024
f) Place of the transaction OTC
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