Board Changes, PDMR Dealing & TR1 Notification
20/09/2024 07:00
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RNS Number : 9394E Curzon Energy PLC 20 September 2024
20 September 2024
Curzon Energy Plc
("Curzon" or the "Company")
Board Update, PDMR Dealing & TR-1
Curzon Energy Plc (LSE: CZN) announces that further to the announcement of 19
August 2024, the Company confirms that Mr. Paul Forrest and Mr. Richard Glass
have joined the board with immediate effect.
Simultaneously, the Company confirms that Mr. John McGoldrick has resigned as
Non-Executive Chairman, and Mr. Scott Kaintz has resigned as an Executive
Director. Mr. Scott Kaintz has subsequently been appointed as a
Non-Executive Director.
Richard Glass, Non-Executive Chairman comments: "We extend our gratitude to
John for his perseverance in navigating Curzon Energy through a challenging
phase and setting a strong foundation for future growth. The recent board
changes represent early steps in shaping the Company's next chapter, and we
look forward to sharing more updates on our strategic direction and growth
plans in due course."
The Board of the Company will therefore consist of:
Executive Director:
Mr. Paul Forrest - Executive Director
Non-Executive Directors:
Mr. Richard Glass - Non-Executive Chairman
Mr. Scott Kaintz - Non-Executive Director
Paul Forrest, Executive Director, age 54
Current Directorships Non-current directorships (past 5 years)
Forum Energy Services Limited (FES) Conceptual Build Limited
Saltfleetby Energy Limited Forrest Accounting Limited
Saltfleetby Energy Europe Limited Viridis Holdings UK Limited
PXOG Massey Limited Angus Energy Plc
Forrest Kolebuk Development SPÓŁKA Z The Orwell Group Limited
OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ Anglo African Oil & Gas Plc
Richard Glass, Non-Executive Director, age 47
Current Directorships Non-current directorships (past 5 years)
AtDeuce Fund (Pty) Ltd AtCommerce Investments (Pty) Ltd
Atlantis Fund (Pty) Ltd Protea Village Development Company (Pty) Ltd
Atlantis Fund Investments One (Pty) Ltd AtNeat Investments (Pty) Ltd
Atlantis Partners (Pty) Ltd Broadiss (Pty) Ltd
Atlas Park Holdings (Pty) Ltd Frequentsee NPC
Bethel Partners (Pty) Ltd
Fynbosland 301 CC
Glasshouse Investment Holdings (Pty) Ltd
Glasshouse Developments (Pty) Ltd
Richmond Park Development Company (Pty) Ltd
Richmond Park Investment (Pty) Ltd
Skypark Capital (Pty) Ltd
Current Director shareholdings are as follows:
Directors Ordinary Shares Total Shares % of Issued Share Capital Warrants Options
Direct Indirect
Paul Forrest 166,666,700 Nil 166,666,700 13.52% Nil Nil
Richard Glass Nil Nil Nil 0.00% Nil Nil
Scott Kaintz Nil 949,367 949,367 0.08% Nil Nil
For further information please contact:
Curzon Energy Plc
Paul Forrest / Richard Glass development@curzonenergy.com (mailto:development@curzonenergy.com)
www.curzonenergy.com (http://www.curzonenergy.com)
Peterhouse Capital Limited (Corporate Broker) +44 (0)20 75690930
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the underlying issuer of existing shares to CURZON ENERGY PLC
which voting rights are attached(ii):
1b. Please indicate if the issuer is a non-UK issuer (please mark with an
"X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with
an "X")
An acquisition or disposal of voting rights x
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)(iii):
3. Details of person subject to the notification obligation(iv)
Name Paul Forrest
City and country of registered office (if applicable) Isleworth, UK
4. Full name of shareholder(s) (if different from 3.)(v)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached(vi): 18/09/2024
6. Date on which issuer notified (DD/MM/YYYY): 18/09/2024
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments Total of both in % (8.A + 8.B) Total number of voting rights of issuer(vii)
(total of 8.B 1 + 8.B 2)
Resulting situation on the date on which threshold was crossed or reached 13.52% 13.52%
166,666,700
Position of previous notification (if
applicable)
8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached(viii)
A: Voting rights attached to shares
Class/type of Number of voting rights(ix) % of voting rights
shares
ISIN code (if possible)
Direct Indirect Direct Indirect
(Art 9 of Directive 2004/109/EC) (DTR5.1) (Art 10 of Directive 2004/109/EC) (DTR5.2.1) (Art 9 of Directive 2004/109/EC) (DTR5.1) (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BD97ND60 166,666,700 13.52%
SUBTOTAL 8. A 166,666,700 13.52%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))
Type of financial instrument Expiration Exercise/ Number of voting rights that may be acquired if the instrument is % of voting rights
date(x)
Conversion Period(xi)
exercised/converted.
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art.
13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument Expiration Exercise/ Physical or cash Number of voting rights % of voting rights
date(x)
Conversion Period (xi)
settlement(xii)
SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification
obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural X
person or legal entity and does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying) issuer(xiii)
Full chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity(xiv) (please add additional rows as
necessary)
Name(xv) % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher Total of both if it equals or is higher than the notifiable threshold
than the notifiable threshold
Paul Forrest 13.52% 13.52%
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information(xvi)
Place of completion UNITED KINGDOM
Date of completion 19/09/2024
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Paul Forrest
2 Reason for the notification
For persons discharging managerial responsibilities:
- The position occupied within the issuer or emission allowance market
participant should be indicated e.g.
CEO, CFO.
For persons closely associated with:
- An indication that the notification concerns a person closely associated
with a person discharging
managerial responsibilities;
- Name and position of the relevant person discharging managerial
responsibilities
a) Position/status Executive Director
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer, or auction monitor
a) Name Curzon Energy Plc
b) LEI GB00BD97ND60
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 0.01 pence each in Curzon Energy Plc
Identification code GB00BD97ND60
b) Nature of the transaction Purchase of shares via placing
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.0003 166,666,700
d) Aggregated information
- Aggregated volume 166,666,700
- Price £0.0003
e) Date of the transaction 2024-09-18
f) Place of the transaction UNITED KINGDOM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Scott Kaintz
2 Reason for the notification
For persons discharging managerial responsibilities:
- The position occupied within the issuer or emission allowance market
participant should be indicated e.g.
CEO, CFO.
For persons closely associated with:
- An indication that the notification concerns a person closely associated
with a person discharging
managerial responsibilities;
- Name and position of the relevant person discharging managerial
responsibilities
a) Position/status Director
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer, or auction monitor
a) Name Curzon Energy Plc
b) LEI GB00BD97ND60
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 0.01 pence each in Curzon Energy Plc
Identification code GB00BD97ND60
b) Nature of the transaction Purchase of shares via placing
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.0003 966,667,200
d) Aggregated information
- Aggregated volume 966,667,200
- Price £0.0003
e) Date of the transaction 2024-09-18
f) Place of the transaction UNITED KINGDOM
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