REG - Coro Energy PLC - Director/PDMR Shareholding

Coro EnergyAnnouncement

07/02/2025 14:00

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RNS Number : 3923W  Coro Energy PLC  07 February 2025

 

7 February 2025

 

 

Coro Energy plc

("Coro" or the "Company")

 

 

Director / PDMR Dealings

 

 

Coro Energy Plc, the South East Asian energy company with a natural gas and
clean energy portfolio, announces that following the purchase on 6 February
2025 by Tom Richardson, Non-Executive Chairman of the Company, of EUR 525,000
of the Company's Luxembourg listed EUR 22.5 million 10.0% secured
notes ("Bonds"), the Bonds today converted into new ordinary shares in the
Company ("Ordinary Shares").

As a result, Mr. Richardson is now interested in a total of 7,271,065 Ordinary
Shares, representing 1.51% per cent of the enlarged issued share capital of
the Company.

The notifications below, made in accordance with the UK Market Abuse
Regulation, provide further details.

 

For further information please contact:

 Coro Energy plc                                        Via Vigo Consulting Ltd

 Cavendish Capital Markets Limited (Nominated Adviser)  Tel: 44 (0)20 7220 0500

 Adrian Hadden

 Ben Jeynes

 Hybridan LLP (Nominated Broker)                        Tel: 44 (0)20 3764 2341

 Claire Louise Noyce

 Vigo Consulting (IR/PR Advisor)                        Tel: 44 (0)20 7390 0230

 Patrick d'Ancona

 Finlay Thomson

 

 1.                    Details of the person discharging managerial responsibilities / person closely
                       associated
 a.                    Name                                           Tom Richardson

 2.                    Reason for the notification
 a.                    Position/status                                Non-Executive Chair

 b.                    Initial notification/Amendment                 Initial Notification

 3.                    Details of the issuer, emission allowance market participant, auction
                       platform, auctioneer or auction monitor
 a.                    Name                                           Coro Energy Plc

 b.                    LEI                                            2138004JXMD9YXLMKS49

 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  Ordinary Shares of GBP0.005 per share par value

                       of instrument

                       Identification code

                                                                      GB00BS457501

 b.                    Nature of the transaction                      Issue of Ordinary Shares following conversion of Luxembourg listed 10.0%
                                                                      secured notes

 c.                    Price(s) and volume(s)

Price(s)  Volume(s)
                                                                      Nil       7,271,065

 
 d.                    Aggregated information

                       ·Aggregated volume                             N/A - single transaction

                       ·Price

 e.                    Date of the transaction                        7 February 2025

 f.                    Place of the transaction                       Outside of a trading venue

 

d.

Aggregated information

·Aggregated volume

·Price

 

 

N/A - single transaction

e.

Date of the transaction

7 February 2025

 

 

f.

Place of the transaction

Outside of a trading venue

 

 

 

 

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