Director/PDMR Shareholding
25/07/2025 10:51
RNS Number : 6286S
Zenith Energy Ltd
25 July 2025
The notification is made in accordance with the requirements of the UK Market Abuse Regulation, which forms part of UK law pursuant to the European Union (Withdrawal) Act 2018.
July 25, 2025
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Director/ PDMR Shareholding
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA; OTC PINK: ZENAF), the listed international energy production and development company, is pleased to announce that its Chief Executive Officer & President, Mr. Andrea Cattaneo, has advised the Company that he has purchased a total of 546,830 common shares of no par value ("Common Shares") in the capital of the Company at a total average price of £0.0418.
Following the purchase, Mr. Cattaneo is directly beneficially interested in a total of 50,351,414 Common Shares in the capital of the Company, representing 10.21 per cent of the total issued and outstanding common share capital of the Company.
Further Information:
| Zenith Energy Ltd Andrea Cattaneo, Chief Executive Officer | Tel: +1 (587) 315 1279 E: info@zenithenergy.ca |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Andrea Cattaneo | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer & President | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Zenith Energy Ltd. | |
| b) | LEI | 213800AYTYOYD61S4569 | |
| 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 | |
| Identification code | CA98936C8584 | ||
| b) | Nature of the transaction | Purchase of Common Shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.0418 | 546,830 | ||
| d) | Aggregated information | ||
| Aggregated volume | |||
| Aggregated price | |||
| e) | Date of the transaction(s) | July25, 2025 | |
| f) | Place of the transaction | London Stock Exchange | |
| NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i | ||||||
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | ZENITH ENERGY LTD. | |||||
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
| Non-UK issuer | X | |||||
| 2. Reason for the notification(please mark the appropriate box or boxes with an "X") | ||||||
| An acquisition or disposal of voting rights | X | |||||
| An acquisition or disposal of financial instruments | ||||||
| An event changing the breakdown of voting rights | ||||||
| Other (please specify) iii: | ||||||
| 3. Details of person subject to the notification obligationiv | ||||||
| Name | ANDREA CATTANEO | |||||
| City and country of registered office (if applicable) | ||||||
| 4. Full name of shareholder(s)(if different from 3.)v | ||||||
| Name | ||||||
| City and country of registered office (if applicable) | ||||||
| 5. Date on which the threshold was crossed or reachedvi: | 25.07.2025 | |||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 25.07.2025 | |||||
| 7. Total positions of person(s) subject to the notification obligation | ||||||
| % of voting rights attached to shares (total of 8.A) | % ofvoting rights throughfinancial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B)vii | |||
| Resulting situation on the date on which threshold was crossed or reached | 10.21% | 10.21% | 50,351,414 | |||
| Position of previous notification (if applicable) | ||||||
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||
| A: Voting rights attached to shares | |||||||||
| Class/type of shares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||
| Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||
| CA98936C8584 | 50,351,414 | 10.21% | |||||||
| SUBTOTAL 8. A | 50,351,414 | 10.21% | |||||||
| B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||
| Type of financial instrument | Expiration datex | Exercise/ Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
| SUBTOTAL 8. B 1 | |||||||||
| B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) | |||||||||
| Type of financial instrument | Expiration datex | Exercise/ Conversion Periodxi | Physical or cash Settlementxii | Number of voting rights | % of voting rights | ||||
| SUBTOTAL 8.B.2 | |||||||||
| 9. Information in relation to the person subject to the notification obligation(please mark the applicable box with an "X") | ||||
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | ||||
| Fullchain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)xiv | ||||
| Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
| 10.In case of proxy voting, please identify: | ||||
| Name of the proxy holder | ||||
| The number and % of voting rights held | ||||
| The date until which the voting rights will be held | ||||
| 11. Additional informationxvi | ||||
| Place of completion | London, United Kingdom |
| Date of completion | 25.07.2025 |