REG - Jadestone Energy PLC - Director and PCA Share Dealings

Jadestone EnergyAnnouncement

20/03/2025 07:15

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RNS Number : 4628B  Jadestone Energy PLC  20 March 2025

Director and PCA Share Dealings

 

20 March 2025 - Singapore: Jadestone Energy plc (AIM:JSE) ("Jadestone" or the
"Company"), an independent upstream production and development company focused
on the Asia-Pacific region, announces the following share dealings.

 

Andrew Fairclough, Executive Director and Chief Financial Officer of
Jadestone, has acquired a total of 83,625 ordinary shares in the Company at an
average price of 23.9 GBp per share. Following the transaction, Mr. Fairclough
holds a total of 83,625 shares, which represents 0.02% of the Company's issued
share capital.

 

David Mendelson, Non-Executive Director, has acquired a total of 83,466
ordinary shares in the Company at an average price of 23.9 GBp per share.
Sarah Mendelson, a person closely associated with David Mendelson, has
acquired a total of 83,467 ordinary shares in the Company at an average price
of 23.9 GBp per share. Following these transactions, Mr. Mendelson holds or is
interested in a total of 166,933 shares, which represents 0.03% of the
Company's issued share capital.

 

The FCA notifications, made in accordance with the requirements of the UK
Market Abuse Regulation, are appended below and give further details on the
transactions described above.

 

DEALING NOTIFICATION FORMS FOR USE BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 

  1.                 Details of the person discharging managerial responsibilities/person closely
                     associated
 a)                  Name:                                                         Andrew Fairclough
 2.                  Reason for the notification
 a)                  Position/status:                                              Executive Director and Chief Financial Officer

 b)                  Initial notification/Amendment:                               Initial Notification

 3.                  Details of the issuer, emission allowance market participant, auction
                     platform, auctioneer or auction monitor
 a)                  Name                                                          Jadestone Energy Plc
 b)                  LEI:                                                          21380076GWJ8XDYKVQ37
 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 £0.001 each in the share capital of Jadestone Energy plc

                     Identification code:

                                                                                   ISIN: GB00BLR71299
 b)                  Nature of the transaction:                                    Purchase of ordinary shares
 c)                  Price(s) and volume(s):                                       23.90 GBp and 83,625 ordinary shares
 d)                  Aggregated information:

                     · Aggregated volume:                                          83,625 ordinary shares

                     · Price:                                                      23.90 GBp
 e)                  Date of the transaction:                                      18 March 2025
 f)                  Place of the transaction:                                     AIMX

 

 

 

 

 

  1.                 Details of the person discharging managerial responsibilities/person closely
                     associated
 a)                  Name:                                                         David Mendelson
 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                                                          Jadestone Energy Plc
 b)                  LEI:                                                          21380076GWJ8XDYKVQ37
 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 £0.001 each in the share capital of Jadestone Energy plc

                     Identification code:

                                                                                   ISIN: GB00BLR71299
 b)                  Nature of the transaction:                                    Purchase of ordinary shares
 c)                  Price(s) and volume(s):                                       23.90 GBp and 83,466 ordinary shares
 d)                  Aggregated information:

                     · Aggregated volume:                                          83,466 ordinary shares

                     · Price:                                                      23.90 GBp
 e)                  Date of the transaction:                                      19 March 2025
 f)                  Place of the transaction:                                     LSE

 

 

  1.                 Details of the person discharging managerial responsibilities/person closely
                     associated
 a)                  Name:                                                         Sarah Mendelson
 2.                  Reason for the notification
 a)                  Position/status:                                              Wife of David Mendelson, a 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                                                          Jadestone Energy Plc
 b)                  LEI:                                                          21380076GWJ8XDYKVQ37
 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 £0.001 each in the share capital of Jadestone Energy plc

                     Identification code:

                                                                                   ISIN: GB00BLR71299
 b)                  Nature of the transaction:                                    Purchase of ordinary shares
 c)                  Price(s) and volume(s):                                       23.90 GBp and 83,467 ordinary shares
 d)                  Aggregated information:

                     · Aggregated volume:                                          83,467 ordinary shares

                     · Price:                                                      23.90 GBp
 e)                  Date of the transaction:                                      19 March 2025
 f)                  Place of the transaction:                                     LSE

 

-ends-

 

For further information, please contact:

 

 Jadestone Energy plc
 Phil Corbett, Head of Investor Relations              +44 (0) 7713 687467 (UK)
                                                       ir@jadestone-energy.com (mailto:ir@jadestone-energy.com)

 Stifel Nicolaus Europe Limited (Nomad, Joint Broker)  +44 (0) 20 7710 7600 (UK)
 Callum Stewart
 Jason Grossman
 Ashton Clanfield

 Peel Hunt LLP (Joint Broker)                          +44 (0) 20 7418 8900 (UK)
 Richard Crichton
 David McKeown
 Georgia Langoulant

 Camarco (Public Relations Advisor)                    +44 (0) 203 757 4980 (UK)
 Billy Clegg                                           jse@camarco.co.uk (mailto:jse@camarco.co.uk)
 Georgia Edmonds
 Poppy Hawkins

 

About Jadestone Energy

 

Jadestone Energy plc is an independent upstream company focused on the
Asia-Pacific region. It has a balanced and increasingly diversified portfolio
of production and development assets in Australia, Malaysia, Indonesia,
Thailand and Vietnam, all stable jurisdictions with a positive upstream
investment climate.

 

The Company is pursuing a strategy to grow and diversify the Company's
production base both organically, through developments such as at Akatara in
Indonesia, Nam Du/U Minh in Vietnam and the Puteri Cluster offshore Malaysia,
as well as through acquisitions that fit within Jadestone's financial
framework and play to the Company's strengths in managing maturing oil assets.
Jadestone delivers value in its acquisition strategy by enhancing returns
through operating efficiencies, cost reductions and increased production
through further investment.

 

Jadestone is a responsible operator and well positioned for the energy
transition through its increasing gas production, by maximising recovery from
existing brownfield developments and through its Net Zero pledge on Scope 1
& 2 GHG emissions from operated assets by 2040. This strategy is aligned
with the IEA Net Zero by 2050 scenario, which stresses the necessity of
continued investment in existing upstream assets to avoid an energy crisis and
meet demand for oil and gas through the energy transition.

 

Jadestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is listed on the AIM market
of the London Stock Exchange (AIM: JSE).  The Company is headquartered in
Singapore.  For further information on the Company please visit
www.jadestone-energy.com (http://www.jadestone-energy.com) .

 

The information contained within this announcement is considered to be inside
information prior to its release, as defined in Article 7 of the Market Abuse
Regulation No. 596/2014 which is part of UK law by virtue of the European
Union (Withdrawal) Act 2018.

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