REG - Prospex Energy PLC - Director/PDMR Shareholding

Prospex EnergyAnnouncement

05/06/2026 07:00

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RNS Number : 1049H  Prospex Energy PLC  05 June 2026

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 (http://www.prospex.energy)
or contact the following:

 

 Tom Reynolds                      Prospex Energy PLC            Tel: +44 (0) 20 7236 1177
 Ritchie Balmer                    Strand Hanson Limited         Tel: +44 (0) 20 7409 3494

Rory Murphy
 Andrew Monk (Corporate Broking)   VSA Capital Limited           Tel: +44 (0) 20 3005 5000

Andrew Raca (Corporate Finance)
 Neil Passmore                     Hannam & Partners             Tel: +44 (0) 20 7907 8500

 Leif Powis
 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                                       N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      4 June 2026
 f)   Place of the transaction                                     London Stock Exchange, XLON

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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