REG - Zephyr Energy PLC - Director/PDMR/PCA Shareholdings
RNS Number : 8056VZephyr Energy PLC19 April 202119 April 2021
Zephyr Energy plc
(the "Company" or "Zephyr")
Director/PDMR/PCA Shareholdings
Zephyr Energy plc (AIM: ZPHR), the Rocky Mountain oil and gas company focused on responsible resource development, confirms that with completion today of the Placing announced on 29 March 2021, following Second Admission this morning, the shareholdings of Directors that took part in the Placing are now as follows:
Director
No. of Placing Shares acquired
New total shareholding
Percentage of issued share capital now held
Rick Grant*
1,500,000
1,500,000
0.12
Colin Harrington**
3,250,000
138,590,300
11.34
Chris Eadie
1,500,000
6,775,095
0.55
Gordon Stein
500,000
2,350,000
0.19
* In addition, Rick Grant has a minority shareholding in OCE which holds Ordinary Shares, as noted below.
** 2,500,000 Placing Shares were subscribed for by Origin Creek Energy LLC ("OCE") and 750,000 Placing Shares were subscribed for by Mr Harrington personally. Rick Grant, the Chairman of Zephyr, and Colin Harrington, the CEO of Zephyr, are both shareholders and directors of OCE, and Colin Harrington is indirectly the controlling shareholder of OCE.
The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further details.
Details of the Placing were announced by Zephyr on 29 March 2021 and defined terms used in this announcement have the same meaning as those set out in that announcement.
Contacts:
Zephyr Energy plc
Colin Harrington (CEO)
Chris Eadie (CFO)
Tel: +44 (0)20 7225 4590
Allenby Capital Limited - AIM Nominated Adviser
Jeremy Porter / Liz Kirchner
Tel: +44 (0)20 3328 5656
Turner Pope Investments - Broker
Andy Thacker / Zoe Alexander
Flagstaff Strategic and Investor Communications
Tim Thompson / Mark Edwards / Fergus Mellon
Tel: +44 (0)20 3657 0050
Tel: +44 (0) 20 7129 1474
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
Rick Grant
Chairman
Colin Harrington
CEO
Chris Eadie
CFO
Gordon Stein
Non-Executive Director
2.
Reason for the Notification
a)
Position/status
See section 1a) above
b)
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Zephyr Energy plc
b)
LEI
254900TAVH3MBZ1EMC29
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 Zephyr Energy plc
Identification code
GB00B013M672
b)
Nature of the transaction
Participation in a placing
c)
Price(s) and volume(s)
Price: 2p
Volumes:
Name
Shares
Rick Grant
750,000
Colin Harrington
750,000
Chris Eadie
1,500,000
Gordon Stein
500,000
d)
Aggregated information:
·Aggregated volume
·Price
N/A
e)
Date of the transaction
19 April 2021
f)
Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Lisa Grant
2.
Reason for the Notification
a)
Position/status
See section 1a) above
b)
Initial notification/Amendment
Lisa Grant is a Person Closely Associated with Rick Grant (Chairman) of Zephyr
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Zephyr Energy plc
b)
LEI
254900TAVH3MBZ1EMC29
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 Zephyr Energy plc
Identification code
GB00B013M672
b)
Nature of the transaction
Participation in a placing
c)
Price(s) and volume(s)
Price: 2p
Volume: 750,000 shares
d)
Aggregated information:
·Aggregated volume
·Price
N/A
e)
Date of the transaction
19 April 2021
f)
Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Origin Creek Energy LLC ("OCE")
2.
Reason for the Notification
a)
Position/status
OCE is a Person Closely Associated with Colin Harrington (CEO) and Rick Grant (Chairman) of Zephyr
b)
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Zephyr Energy plc
b)
LEI
254900TAVH3MBZ1EMC29
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 Zephyr Energy plc
Identification code
GB00B013M672
b)
Nature of the transaction
Participation in a placing
c)
Price(s) and volume(s)
Price: 2p
Volume: 2,500,000 shares
d)
Aggregated information:
·Aggregated volume
·Price
N/A
e)
Date of the transaction
19 April 2021
f)
Place of the transaction
Outside a trading venue
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 or visit 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.ENDDSHGPUQUCUPGGAR
Recent news on Zephyr Energy
See all newsREG - Zephyr Energy PLC - Operations Update
AnnouncementRCS - Zephyr Energy PLC - New Corporate Presentation
AnnouncementREG - Zephyr Energy PLC - New strategic partnership to provide up to US$100m
AnnouncementREG - Zephyr Energy PLC - Successful initial results from production test
AnnouncementREG - Zephyr Energy PLC - Paradox project update
Announcement