REG - i3 Energy PLC - Director Dealings

I3 EnergyAnnouncement

24/11/2023 09:00

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RNS Number : 6034U  i3 Energy PLC  24 November 2023

24 November 2023

i3 Energy plc

("i3", "i3 Energy", "i3 Canada", or the "Company")

Director Dealings

i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with
assets and operations in the UK and Canada, has been notified that on 23
November 2023, Majid Shafiq, CEO and Executive Director, purchased 337,291
ordinary shares of £0.01 pence each in the Company ('Ordinary Shares'), at
a price of £0.1008 per share, and that on 22 November 2023, Ryan Heath,
President and Executive Director, purchased 228,571 ordinary shares of £0.01
pence each in the Company ('Ordinary Shares'), at a price of CA$0.175 per
share,

As a result, following this transaction, Majid Shafiq now has a total
beneficial interest, in aggregate, of 9,875,110 Ordinary Shares, representing
0.82% per cent. of the Company's issued share capital and Ryan Heath now has a
total beneficial interest, in aggregate, of 8,483,945 Ordinary Shares,
representing 0.71% per cent. of the Company's issued share capital.

Enquiries:

 i3 Energy plc                                  c/o Camarco

 Majid Shafiq (CEO)                             Tel: +44 (0) 203 781 8331

 WH Ireland Limited (Nomad and Joint Broker)

 James Joyce, Darshan Patel                     Tel: +44 (0) 207 220 1666

 Tennyson Securities (Joint Broker)

 Peter Krens                                    Tel: +44 (0) 207 186 9030

 Stifel Nicolaus Europe Limited (Joint Broker)

 Ashton Clanfield, Callum Stewart               Tel: +44 (0) 20 7710 7600

 Camarco

 Andrew Turner, Violet Wilson, Sam Morris       Tel: +44 (0) 203 757 4980

 

The following notifications are made in accordance with the requirements of
the UK Market Abuse Regulation relating to certain transactions by persons
discharging managerial responsibility:

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
 596/2014
 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a.  Name                                                         Majid Shafiq
 2   Reason for notification
 a.  Position/Status                                              CEO / Executive Director
 b.  Initial notification/                                        Initial notification

     Amendment
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a.  Name                                                         i3 Energy plc
 b.  LEI                                                          213800949OZA9QA9FS17
 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

Identification Code

                                                                  ISIN: GB00BDHXPJ60
 b.  Nature of the transaction                                    Purchase of Ordinary Shares
 c.  Price(s) and volume(s)                                       Price: £0.1008

                                                                  Volume: 337,291
 d.  Aggregated information

     -Aggregated Volume

                                                                  337,291

     - Price

                                                                  £0.1008 per share
 e.  Date of the transaction                                      23 November 2023
 f.  Place of the transaction                                     AIM

 

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
 596/2014
 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a.  Name                                                         Ryan Heath
 2   Reason for notification
 a.  Position/Status                                              President / Executive Director
 b.  Initial notification/                                        Initial notification

     Amendment
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a.  Name                                                         i3 Energy plc
 b.  LEI                                                          213800949OZA9QA9FS17
 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

Identification Code

                                                                  ISIN: GB00BDHXPJ60
 b.  Nature of the transaction                                    Purchase of Ordinary Shares
 c.  Price(s) and volume(s)                                       Price: CA$0.175

                                                                  Volume: 228,571
 d.  Aggregated information

     -Aggregated Volume

                                                                  228,571

     - Price

                                                                  CA$0.175 per share
 e.  Date of the transaction                                      22 November 2023
 f.  Place of the transaction                                     Toronto Stock Exchange

 

Notes to Editors:

i3 Energy is an oil and gas Company with a low cost, diversified, growing
production base in Canada's most prolific hydrocarbon region, the Western
Canadian Sedimentary Basin and appraisal assets in the North Sea with
significant upside.

The Company is well positioned to deliver future growth through the
optimisation of its existing 100% owned asset base and the acquisition of long
life, low decline conventional production assets.

i3 is dedicated to responsible corporate practices and the environment, and
places high value on adhering to strong Environmental, Social and Governance
("ESG") practices.  i3 is proud of its performance to date as a responsible
steward of the environment, people, and capital management.  The Company is
committed to maintaining an ESG strategy, which has broader implications to
long-term value creation, as these benefits extend beyond regulatory
requirements.

i3 Energy is listed on the AIM market of the London Stock Exchange under the
symbol I3E and on the Toronto Stock Exchange under the symbol ITE. For further
information on i3 Energy please visit https://i3.energy

This announcement does not contain inside information.

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