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REG - Challenger Energy - Director/PDMR Shareholding

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RNS Number : 4785U  Challenger Energy Group PLC  01 July 2024

1 July 2024

Challenger Energy Group PLC

("Challenger Energy" or the "Company")

 

Director/PDMR Shareholding

Challenger Energy (AIM: CEG), an Atlantic margin focused oil and gas company,
announces that Iain McKendrick, chairman of the Company, has, on 28 June 2024,
purchased 35,459,902 ordinary shares in the Company at 0.1403p each. As a
result of this transaction Iain McKendrick's holds a total of 85,459,902
ordinary shares representing approximately 0.8% the Company's issued share
capital

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Iain McKendrick
 2    Reason for the notification
 a)   Position/status                                              Chairman
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Challenger Energy Group plc
 b)   LEI                                                          2138007V1WVFQ52DLS75
 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  Ordinary shares of 0.02 pence each

      Identification code                                          IM00BN2RD444

 b)   Nature of the transaction                                    Acquisition of shares

 .c)  Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
      Ordinary Shares                                                                0.1403p           35,459,902

 d)   Aggregated information

                                                                   Ordinary Shares
      - Aggregated volume                                          35,459,902
      - Price                                                      £49,750.24

 e)   Date of the transaction                                      28 June 2024
 f)   Place of the transaction                                     London Stock Exchange (XLON)

 

 

 

For further information, please contact:

 

 Challenger Energy Group PLC                     Tel: +44 (0) 1624 647 882

 Eytan Uliel, Chief Executive Officer
 WH Ireland - Nomad and Joint Broker             Tel: +44 (0) 20 7220 1666

 Antonio Bossi / Darshan Patel / Isaac Hooper
 Zeus Capital - Joint Broker                     Tel: +44 (0) 20 3829 5000

 Simon Johnson
 Gneiss Energy Limited - Financial Adviser       Tel: +44 (0) 20 3983 9263

 Jon Fitzpatrick / Paul Weidman / Doug Rycroft
 CAMARCO                                           Tel: +44 (0) 20 3757 4980

 Billy Clegg / Hugo Liddy / Sam Morris

 

Notes to Editors

 

Challenger Energy is an Atlantic-margin focused energy company, with
production, development, appraisal, and exploration assets in the region. The
Company's primary assets are located in Uruguay, where the Company holds high
impact offshore exploration licences. Challenger Energy is quoted on the AIM
market of the London Stock Exchange.

 

https://www.cegplc.com (https://www.cegplc.com/)

 

ENDS

 

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