REG - Deltic Energy PLC - Director/PDMR Dealing

Deltic EnergyAnnouncement

26/02/2024 17:45

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RNS Number : 5124E  Deltic Energy PLC  26 February 2024

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources

 

26 February 2024

 

Deltic Energy Plc ("Deltic" or "the Company")

Director/PDMR Dealing

 

Deltic Energy Plc, the AIM-quoted natural resources investing company with a
high impact exploration and appraisal portfolio focused on the Southern and
Central North Sea, announces that it was notified today that Peter Cowley, a
Non-Executive Director of the Company, has sold and purchased 50,924 ordinary
shares of 10p each ("Ordinary Shares") in the Company as part of a Bed &
ISA arrangement.

 

There has been no change to the number of Ordinary Shares beneficially held by
Mr Cowley as a result of these transactions.

Details of the transactions in Ordinary Shares are shown below.

 

For further information please contact the following:

 Deltic Energy Plc                                                              Tel: +44 (0) 20 7887 2630

 Graham Swindells / Andrew Nunn / Sarah McLeod

 Allenby Capital Limited (Nominated                                             Tel: +44 (0) 20 3328 5656
 Adviser)

 David Hart / Alex Brearley (Corporate Finance)

 Stifel Nicolaus Europe Limited (Joint                                          Tel: +44 (0) 20 7710 7600
 Broker)

 Callum Stewart / Simon Mensley / Ashton Clanfield

 Canaccord Genuity Limited (Joint Broker)                                       Tel: +44 (0) 20 7523 8000

 Adam James / Gordon Hamilton

 

About Deltic Energy Plc

Deltic has created a strategically located portfolio of high-quality gas
exploration licences in the Southern North Sea over a number of licensing
rounds.  These licences are located in areas that have been underexplored
despite significant discoveries such as Tolmount, Breagh, Pegasus and Cygnus,
most of which have gone on to be developed and could provide ready access to
export infrastructure for any future developments on Deltic's licence acreage.

 

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.

 

 1.  Details of PDMR / person closely associated with them ('PCA')
 a)  Name                                                                   Peter Cowley
 2.  Reason for the notification
 a)  Position / status                                                      Non-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                                                                   Deltic Energy Plc
 b)  LEI                                                                    213800TS8K1D27AFP275
 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 financial instrument  Ordinary Shares of 10p

     Identification Code                                                    ISIN: GB00BNTY2N01

 b)  Nature of the transaction                                              Sale and Purchase of Ordinary Shares pursuant to a "Bed and ISA" process
 c)  Price(s) and volume(s)                                                 Price(s)                       Volume(s)
                                                                            35.7 pence (sale)              50,924 (sale)

                                                                            35.8 pence (purchase by ISA)   50,924 (purchase by ISA)
 d)  Aggregated information

     Aggregated volume                                                      N/A

     Price
 e)  Date of the transaction                                                20 February 2024

 f)  Place of the transaction                                               London Stock Exchange (AIMX)

d)

Aggregated information

Aggregated volume

Price

 

N/A

e)

Date of the transaction

20 February 2024

 

f)

Place of the transaction

London Stock Exchange (AIMX)

 

 

 

**ENDS**

 

 

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