REG - Jadestone Energy PLC - Director Share Dealing

Jadestone EnergyAnnouncement

12/05/2023 07:00

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RNS Number : 1777Z  Jadestone Energy PLC  12 May 2023

Director Share Dealing

 

12 May 2023 - Singapore: Jadestone Energy plc (AIM:JSE) (the "Company"), an
independent oil and gas production company focused on the Asia-Pacific region,
announces that, on 11 May 2023, David Neuhauser, a Non-Executive Director of
Jadestone, acquired a total of 100,000 ordinary shares, for a total amount of
£50,500.

 

Following the transaction, Livermore Partners LLC holds a total of 31,593,094
ordinary shares, which represents 7.07% of the Company's issued share capital.

 

The FCA notification, made in accordance with the requirements of the UK
Market Abuse Regulation is appended below and gives further details on the
transaction described above.

 

DEALING NOTIFICATION FORM

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:                                                         Livermore Partners LLC, David Neuhauser
 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):                                       £0.505 and 100,000 ordinary shares
 d)                  Aggregated information:

                     · Aggregated volume:                                          100,000 ordinary shares

                     · Price:                                                      £50,500
 e)                  Date of the transaction:                                      11 May 2023
 f)                  Place of the transaction:                                     AIMX

 

For further information, please contact:

 Jadestone Energy plc
 Paul Blakeley, President and CEO                      +65 6324 0359 (Singapore)
 Bert-Jaap Dijkstra, CFO
 Phil Corbett, Investor Relations Manager              +44 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

 Jefferies International Limited (Joint Broker)        +44 (0) 20 7029 8000 (UK)
 Tony White
 Will Soutar

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

About Jadestone Energy

Jadestone Energy plc is an independent oil and gas company focused on the
Asia-Pacific region.  It has a balanced, low risk, full cycle portfolio of
development, production and exploration assets in Australia, Malaysia,
Indonesia, Thailand and Vietnam.

 

The Company has a 100% operated working interest in the Stag oilfield and in
the Montara project, both offshore Australia. Both the Stag and Montara assets
include oil producing fields, with further development and exploration
potential. The Company also has a 16.67% non-operated interest in the North
West Shelf Oil Project offshore Western Australia, comprising four oil fields
containing significant upside potential through potential infill drilling and
life extension activities.

 

The Company has interests in four oil producing licences offshore Peninsular
Malaysia; two operated and two non-operated positions, and a non-operated
9.52% interest in the Sinphuhorm producing gas field onshore Thailand.

 

Further, the Company has a 100% operated working interest in two gas
development blocks in Southwest Vietnam, and an operated 100% interest in the
Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field
development, where first production is expected in the first half of 2024.

 

Led by an experienced management team with a track record of delivery, who
were core to the successful growth of Talisman's business in Asia, the Company
is pursuing an acquisition strategy focused on growth and creating value
through identifying, acquiring, developing and operating assets in the
Asia-Pacific region.

 

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
(https://apc01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.jadestone-energy.com%2F&data=05%7C01%7Ctwlucia%40jadestone-energy.com%7C4faf79ed869d466dbfac08db39c770f2%7C05c124ff37ea4b96b46f7764de1d4f38%7C1%7C0%7C638167300993779454%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=%2BJVyap%2F%2FKKnnM2uvjQWGhTiU1KybVP5tGJnAbi%2Bpx0I%3D&reserved=0)
.

 

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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