REG - Predator O&G Hldgs - Director's dealings

Predator Oil & Gas HoldingsAnnouncement

21/07/2021 07:00

RNS Number : 8949F
  
Predator Oil & Gas Holdings PLC
  
21 July 2021
  
 

Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil & Gas
Predator Oil & Gas Holdings Plc
("Predator" or the "Company" and together with its subsidiaries "the Group")
 
Director's dealings
Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco and Ireland, announces that Ron Pilbeam, Project Development Director, has sold a total of 5,085,794 ordinary shares in the Company ("Ordinary Shares").
Following these dealings, the details of which are set out below, Ron Pilbeam is interested in 2,500,000 Ordinary Shares, representing 0.936 per cent. of the Company's issued share capital.
 
Enquiries:




Predator Oil & Gas Holdings Plc
Dr. Stephen Staley     Non-executive Chairman
Paul Griffiths               Chief Executive Officer


Tel: +44 (0) 1534 834 600
Info@predatoroilandgas.com
 




 


 




Novum Securities Limited
Jon Belliss
Optiva Securities Limited
Christian Dennis


Tel: +44 (0) 207 399 9425
 
 
Tel: +44 (0) 203 137 1902




 


 




Flagstaff Strategic and Investor Communications
Tim Thompson 
Mark Edwards
Fergus Mellon


Tel: +44 (0) 207 129 1474
predator@flagstaffcomms.com
 




 
 
 
Notes to Editors:
Predator is an oil and gas exploration company participating with FRAM Exploration Trinidad Ltd. in further developing the remaining oil reserves and sequestrating anthropogenic carbon dioxide in the producing Inniss Trinity oil field onshore Trinidad, primarily through the application of C02 EOR technology. Potential for cash flow exists by pursuing Enhanced Oil Recovery using locally sourced liquid carbon dioxide for injection into and storage within the oil reservoirs ("C02 EOR"). Near-term expansion and production growth potential is focussed on upscaling the C02 EOR operations in the Inniss-Trinity oil field, subject to all necessary approvals. 
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 safely and successfully completed and a follow-up drilling programme is under review.
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 Kinsale gas field and Barryroe oil field in the Celtic Sea.
The Company has a highly experienced management team with a proven track record in the oil and gas industry.
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.




 1.


Details of PDMR / person closely associated with them ('PCA')




a)


Name


Ron Pilbeam




2.


Details of PDMR / person closely associated with them ('PCA')




a)


Position / status


Project Development Director




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




c)


Description of the financial instrument


Ordinary shares of no par value each
 
ISIN: JE00BFZ1D698




d)


Nature of the transaction


 Sale of shares




e)


Price(s) and volume(s)


 




Price(s)


Volume(s)




1.  £0.0721
2.  £0.0667
3.  £0.0640
4.  £0.0630
 


849,980
1,465,561
1,395,253
 1,375,000
 
 




 


 




 


 




 




f)


Aggregated information
 Aggregated volume
 Price


See above.




g)


Date of the transaction


1. 13th July 2021
 2. 14th July 2021
 3.  15th July 2021
  4. 16th July 2021
 




h)


Place of the transaction


 Standard List segment of the Official List



 
 
 
 



 
 

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