Director/PDMR Shareholding
Prospex Energy plc / Index: AIM / Epic: PXEN / Sector: Oil and Gas
5 June 2026
Prospex Energy plc
("Prospex" or the "Company")
Director/PDMR Shareholding
Prospex Energy plc (AIM: PXEN), the AIM quoted investment company focused on European gas and power projects, announces that it has been notified that on 4 June 2026, Tom Reynolds, CEO of the Company, purchased 698,549 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at an average price of 3.58 pence per Ordinary Share.
Following this transaction, Tom Reynolds has a beneficial interest in 698,549 Ordinary Shares, representing approximately 0.16 per cent of the Company's total issued share capital.
Further details of this transaction are set out in the table at the end of this announcement, which have been provided in accordance with the requirements of the UK Market Abuse Regulation.
* * ENDS * *
For further information visit www.prospex.energy or contact the following:
Tom Reynolds
Prospex Energy PLC
Tel: +44 (0) 20 7236 1177
Ritchie Balmer
Rory MurphyStrand Hanson Limited
Tel: +44 (0) 20 7409 3494
Andrew Monk (Corporate Broking)
Andrew Raca (Corporate Finance)VSA Capital Limited
Tel: +44 (0) 20 3005 5000
Neil Passmore
Leif Powis
Hannam & Partners
Tel: +44 (0) 20 7907 8500
Ana Ribeiro / Charlotte Page
St Brides Partners Limited
Tel: +44 (0) 20 7236 1177
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
Tom Reynolds
2
Reason for the notification
a)
Position/status
CEO
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Prospex Energy Plc
b)
LEI
213800NY9RH8O1B72D27
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 0.1p each in Prospex Energy plc ("Ordinary Shares")
Identification code
GB00BMFZVZ53
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Average price of 3.58p
698,549
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
4 June 2026
f)
Place of the transaction
London Stock Exchange, XLON
Notes
Prospex Energy plc is an AIM-quoted investing company focused on high-impact onshore and shallow offshore European opportunities with short timelines to production. The Company's strategy is to acquire undervalued projects with multiple, tangible value trigger points that can be realised within 12 months of acquisition and then apply low-cost re-evaluation techniques to identify and de-risk prospects. The Company will rapidly scale up gas production in the short term to generate internal revenue, which can then be deployed to develop the asset base and further increase production.
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