Director/PDMR shareholding - acquisition of shares
28/05/2024 17:02
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RNS Number : 1543Q Baron Oil PLC 28 May 2024
28 May 2024
Baron Oil Plc
("Baron", or the "Company")
Director/PDMR shareholding - acquisition of shares
Baron Oil Plc (AIM: BOIL), has been notified that on 28 May 2024, Gerry
Aherne, Independent Non-Executive Chairman, purchased 30,000,000 ordinary
shares of 0.025 pence each in the Company ("Ordinary Shares") at a price of
0.0676 pence per share.
Accordingly, Gerry Aherne's total beneficial shareholding in the Company is
30,000,000 Ordinary Shares, which represents approximately 0.12% of the
Company's current voting rights.
Further details are provided below in accordance with the requirements of the
UK Market Abuse Regulation.
For further information, please contact:
Baron Oil
Plc
+44 (0) 20 7117 2849
Dr Andy Butler, Chief Executive Officer
Allenby Capital Limited
+44 (0) 20 3328 5656
Nominated Adviser and Joint Broker
Nick Athanas, Nick Harriss, George Payne (Corporate Finance)
Kelly Gardiner, Stefano Aquilino (Sales and Corporate Broking)
Cavendish Capital Markets
Limited +44 (0) 131
220 6939 / +44 (0) 207 397 8900
Joint Broker
Neil McDonald, Pearl Kellie (Corporate Finance)
Leif Powis (Sales)
IFC Advisory
Limited
+44 (0) 20 3934 6630
Financial PR and IR
baronoil@investor-focus.co.uk
Tim Metcalfe, Florence Chandler
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) Full name of person Dealing Gerry Aherne
2. Reason for notification
(b) Position/status Independent Non-Executive Chairman
(c) Initial notification/ Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
(d) Name of entity Baron Oil Plc
(e) LEI 213800MBSOS9UZ5SW712
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 0.025 pence each in the Company
(b) Identification code GB00B01QGH57
(c) Nature of the transaction Purchase of Ordinary Shares
(d) Price(s) and volume(s) Price: 0.0676 pence per share
Volume: 30,000,000
(e) Aggregated information: N/A - as above
- Aggregated volume
- Price
(f) Date of transaction 28 May 2024
(g) Place of transaction London Stock Exchange, AIM
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