REG - Southern Energy Corp - Director/PDMR Shareholding

Southern EnergyAnnouncement

30/09/2022 07:15

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RNS Number : 3149B  Southern Energy Corp.  30 September 2022

 

DIRECTOR/PDMR DEALING

 

Calgary, Alberta - September 30, 2022 - Southern Energy Corp. ("Southern" or
the "Company") (SOU: TSXV) (AIM:SOUC) announces the following purchase of
common shares of no par value in the capital of the Company ("Common Shares").

 

The notification below, made in accordance with the requirements of the EU
Market Abuse Regulation (as applied to UK law), provides further detail on the
applicable transaction.

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Bruce Beynon
 2.  Reason for the notification
 a)  Position/status                                              Director
 b)  Initial notification /Amendment                              Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Southern Energy Corp.
 b)  LEI                                                          213800R25GL7J3EBJ698
 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  Common Shares in Southern Energy Corp.

     Identification code                                          CA8428131059

 b)  Nature of the transaction                                    Purchase of Common Shares
 c)  Price(s) and volume(s)                                       40,000 common shares at a price of CAD0.735 per share
 d)  Aggregated information                                       N/A, single transaction

 e)  Date of the transaction                                      28 September 2022
 f)  Place of the transaction                                     Outside of a trading venue

 

For further information, please contact:

 

 Southern Energy Corp.

 Ian Atkinson (President and CEO)                           +1 587 287 5401

 Calvin Yau (CFO)                                           +1 587 287 5402

 Strand Hanson Limited - Nominated & Financial Adviser      +44 (0) 20 7409 3494

 James Spinney / James Bellman

 Hannam & Partners - Joint Broker                           +44 (0) 20 7907 8500

 Samuel Merlin / Ernest Bell

 Canaccord Genuity - Joint Broker                           +44 (0) 20 7523 8000

 Henry Fitzgerald-O'Connor / James Asensio

 Camarco                                                    +44 (0) 20 3757 4980

 James Crothers / Billy Clegg / Hugo Liddy

 

About Southern Energy Corp.

 

Southern Energy Corp. is a natural gas exploration and production company.
Southern has a primary focus on acquiring and developing conventional natural
gas and light oil resources in the southeast Gulf States of Mississippi,
Louisiana, and East Texas. Our management team has a long and successful
history working together and have created significant shareholder value
through accretive acquisitions, optimization of existing oil and natural gas
fields and the utilization of re-development strategies utilizing horizontal
drilling and multi-staged fracture completion techniques.

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018 (as amended).

 

 

 

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