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REG - Deltic Energy PLC - PDMR/Director Dealing

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RNS Number : 0732Q  Deltic Energy PLC  16 February 2023

 

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

 

16 February 2023

 

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

 

PDMR/Director 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 on 15 February 2023 that
Peter Nicol, a Non-Executive Director of the Company, purchased 1,000,000
ordinary shares of 0.5 p each ("Ordinary Shares") on 15 February 2023 at a
price of 2.6 p per Ordinary Share.

Peter Nicol is now beneficially interested in a total of 2,000,000 Ordinary
Shares, which represents approximately 0.11 per cent. of the voting rights in
the Company.

 

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 Nicol
 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 0.5p

     Identification Code

                                                                            ISIN: GB00B6SYKF01
 b)  Nature of the transaction                                              Purchase of Ordinary Shares
 c)  Price(s) and volume(s)                                                 Price(s)   Volume(s)
                                                                            2.6 pence  1,000,000 Ordinary Shares
 d)  Aggregated information                                                 Price(s)   Volume(s)                  Total

                                                                      2.6 pence  1,000,000 Ordinary Shares  £26,000.00
     Aggregated volume

     Price
 e)  Date of the transaction                                                15 February 2023
 f)  Place of the transaction                                               London Stock Exchange (AIMX)

d)

Aggregated information

Aggregated volume

Price

 Price(s)   Volume(s)                  Total
 2.6 pence  1,000,000 Ordinary Shares  £26,000.00

e)

Date of the transaction

15 February 2023

f)

Place of the transaction

London Stock Exchange (AIMX)

 

 

**ENDS**

 

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

 Vigo Consulting (IR Adviser)                                                   Tel: +44 (0) 20 7390 0230

 Patrick d'Ancona / Finlay Thomson / Kendall Hill

 

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.

 

 

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