REG - Predator O&G Hldgs - Director/PDMR Shareholding

Predator Oil & Gas HoldingsAnnouncement

21/07/2022 11:30

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RNS Number : 3191T  Predator Oil & Gas Holdings PLC  21 July 2022

21 July 2022

Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil
& Gas

Predator Oil & Gas Holdings Plc

 
 
(the "Company")

 Director / PDMR Shareholding

The Company announces that it was informed on 19 July 2022 of the sale by
H2Green Power Ltd ("H2Green") of its shareholding of 1,785,700 ordinary shares
in the Company at a price of 9p per share on the same date.

The sale of the holding was executed to remove any potential conflicts of
interest between the two entities and to provide funding for the development
of H2Green's business.

Paul Griffiths, the Executive Chairman of the Company is a director and
significant shareholder of H2Green.

For more information please visit the Company's website
at  www.predatoroilandgas.com (http://www.predatoroilandgas.com) :

 

This announcement contains inside information for the purposes of Article 7 of
the Regulation (EU) No 596/2014 on market abuse

 

 

 

 

Enquiries:

 Predator Oil & Gas Holdings Plc                                 Tel: +44 (0) 1534 834 600

 Paul Griffiths               Executive Chairman                 Info@predatoroilandgas.com (mailto:Info@predatoroilandgas.com)

 Lonny Baumgardner   Managing Director

 Novum Securities Limited                                        Tel: +44 (0) 207 399 9425

 Jon Belliss

 Optiva Securities Limited                                       Tel: +44 (0) 203 137 1902

 Christian Dennis

 Peterhouse Capital Limited                                      Tel: +44 (0) 207 220 9791

 Charles Goodfellow

 Flagstaff Strategic and Investor Communications                 Tel: +44 (0) 207 129 1474

 Tim Thompson                                                    predator@flagstaffcomms.com (mailto:predator@flagstaffcomms.com)

 Mark Edwards

 Fergus Mellon

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         H2Green Power Limited
 2.  Reason for the Notification
 a)  Position/status                                              Person closely associated with a person discharging managerial
                                                                  responsibilities (Paul Griffiths - Executive Chairman of the Issuer)
 b)  Initial notification/Amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Predator Oil & Gas Holdings Plc
 b)  LEI                                                          213800L7QXFURBFLDS54
 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 no par value

     Identification code                                          ISIN for Predator Oil & Gas Plc Ordinary Shares: JE00BFZ1D698
 b)  Nature of the transaction                                    Disposal of Ordinary Shares by H2Green Power Limited
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0.09     1,785,700

 
 d)  Aggregated information:

     ·Aggregated volume                                           Not applicable, single transaction

     ·Price
 e)  Date of the transaction                                      19 July 2022
 f)  Place of the transaction                                     London Stock Exchange (Standard List)

 

d)

Aggregated information:

·Aggregated volume

·Price

 

Not applicable, single transaction

e)

Date of the transaction

19 July 2022

f)

Place of the transaction

London Stock Exchange (Standard List)

 

 

Notes to Editors:

 

Predator is operator of the Guercif Petroleum Agreement onshore Morocco which
is prospective for Tertiary gas in prospects less than 10 kilometres from the
Maghreb gas pipeline.  The MOU-1 well has been completed and a follow-up
testing programme is being developed and a further drilling programme is under
review.

 

Predator is seeking to further develop the remaining oil reserves of
Trinidad's mature onshore oil fields through the application of CO2 EOR
techniques and by sequestrating anthropogenic carbon dioxide to produce
"greener" oil.

 

In addition, Predator also owns and operates exploration and appraisal assets
in licensing options offshore Ireland, for which successor authorisations have
been applied for, adjoining Vermilion's Corrib gas field in the Slyne Basin on
the Atlantic Margin and east of the decommissioned Kinsale gas field in the
Celtic Sea.

 

Predator has developed a Floating Storage and Regasification Project ("FSRUP")
for the import of LNG and its regassification for Ireland and is also
developing gas storage concepts to address security of gas supply and
volatility in gas prices during times of peak gas demand.

 

The Company has a highly experienced management team with a proven track
record in operations in the oil and gas industry.

 

 

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