REG - Zenith Energy Ltd - Director/PDMR Shareholding

Zenith EnergyAnnouncement

Wed 08:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250813:nRSM0755Va&default-theme=true

RNS Number : 0755V  Zenith Energy Ltd  13 August 2025

August 13, 2025

 

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Director/ PDMR Shareholding

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), 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 650,000
common shares in the Capital of the Company of no par value ("Common Shares")
at a total average price of NOK 0.5086 per Common Share.

Following the purchase, Mr. Cattaneo is directly beneficially interested in a
total of 51,001,414 Common Shares in the capital of the Company, representing
10.12 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 (mailto:info@zenithenergy.ca)

 

Notes to Editors:

Zenith Energy Ltd. is a revenue generating, independent energy company with
energy production, exploration and development assets in North Africa and
Europe. The Company is listed on the London Stock Exchange Main Market (LSE:
ZEN) and the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA).

Zenith's strategic focus is on pursuing development opportunities through the
development of proven revenue generating energy production assets, as well as
low-risk exploration activities in assets with existing production.

 

For more information, please visit: www.zenithenergy.ca

Twitter: @zenithenergyltd

LinkedIn: https://bit.ly/3A5PRJb

 

 

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK domestic law by virtue of
the European Union (Withdrawal) Act 2018 ("MAR"). Upon the publication of
this announcement via a Regulatory Information Service ("RIS"), this inside
information is now considered to be in the public domain.

 

 

 

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                                                         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)
     NOK 0.5086                                                                                650,000
 d)  Aggregated information
     Aggregated volume
     Aggregated price
 e)  Date of the transaction(s)                                    August 12, 2025
 f)  Place of the transaction                                     Euronext Growth Oslo

 

 TR-1: Standard form for Notification of Major Holdings

 

 a. Identity of the issuer or the underlying issuer of existing shares to which                                                                                 ZENITH ENERGY LTD.
 voting rights are attached (ii):
 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 obligation (iv)
 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 reached (vi):                                                                                                    12/08/2025
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                                 13/08/2025
 7. Total positions of person(s) subject to the notification obligation
                                                                            % of voting rights attached to shares (total of 8. A)  % of voting rights through financial instruments        Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer (8.A + 8.B) (vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  10.12%                                                                                                         10.12%                          51,001,414
 Position of previous notification (if

 applicable)

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached (viii)
 A: Voting rights attached to shares
 Class/type of             Number of voting rights (ix)      % of voting rights

shares

 ISIN code (if possible)
                           Direct           Indirect         Direct      Indirect

                           (DTR5.1)         (DTR5.2.1)       (DTR5.1)    (DTR5.2.1)
 CA98936C8584              51,001,414                        10.12%

 SUBTOTAL 8. A             51,001,414                        10.12%

 

 B 1: Financial Instruments according to DTR5.3.1R (1) (a)
 Type of financial instrument  Expiration  Exercise/                Number of voting rights that may be acquired if the instrument is  % of voting rights

date (x)
Conversion Period (xi)

                                                                    Exercised/converted.

                                           SUBTOTAL 8. B 1

 

 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
 (1) (b)
 Type of financial instrument  Expiration  Exercise/                Physical or cash   Number of voting rights  % of voting rights

date (x)
Conversion Period (xi)

                                                                    Settlement (xii)

                                                                    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) issuer (xiii)
 Full chain 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)
 Name (xv)             % 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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                   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 information (xvi)

 

 Place of completion  Oslo, Norway
 Date of completion   12.08.2025

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHSFLEEEEISEFA