Phoenix Global Resources PLC Director's Dealing (7565Z)
22 Mayo 2019 - 1:01AM
UK Regulatory
TIDMPGR
RNS Number : 7565Z
Phoenix Global Resources PLC
22 May 2019
22 May 2019
Phoenix Global Resources plc
("Phoenix" or the "Company")
Director's Dealing
The Board of Phoenix (AIM:PGR; BCBA:PGR) announces a director's
transaction in the ordinary shares of the Company.
Director's Dealing
The Company was informed on 21 May 2019 that Sir Michael Rake,
Chairman of the Company, acquired 300,000 ordinary shares at a
price of 22 pence per share.
Following this transaction, Sir Michael Rake's beneficial
interest in the Company is 760,000 ordinary shares representing an
interest of 0.027% in the issued share capital of the Company.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further details:
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Sir Michael Rake
2 Reason for the notification
a) Position/status Chairman, Phoenix Global Resources plc
b) Initial notification/Amendment This is an initial notification.
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Phoenix Global Resources plc
b) LEI 213800KGHZ6DKGJNNT92
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 10p each
Identification code GB00B7LHJ340
b) Nature of the transaction Share purchase
c) Price(s) and volume(s) Price Volume
GBP0.22 300,000
d) Aggregated information Price Volume
------- --------
N/A N/A
e) Date of the transaction 21 May 2019
f) Place of the transaction London Stock Exchange, AIM
Ends
For further information, please contact:
Phoenix Global Resources Kevin Dennehy, CFO T: +54 11 5258 7500
plc
Stockdale Securities Antonio Bossi T: +44 20 7601 6100
David Coaten
Panmure Gordon Charles Lesser T: +44 20 7886 2500
Camarco Billy Clegg T: +44 20 3757 4980
Owen Roberts
James Crothers
About Phoenix
Phoenix Global Resources is an independent oil and gas
exploration and production company focused on Argentina and listed
on the London Stock Exchange (AIM: PGR) and Buenos Aires Stock
Exchange (BCBA: PGR). The Company has over 1.8 million licensed
working interest acres in Argentina (of which over 0.7 million are
operated), 57.1 million boe of working interest 2P reserves and
average working interest production of approximately 10,249 boepd
in 2018. Phoenix has signi cant exposure to the unconventional
opportunity in Argentina through its approximately 700,000 working
interest acres with Vaca Muerta and other unconventional
potential.
The Company's website is www.phoenixglobalresources.com
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.
END
DSHDMGZKKMNGLZM
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May 22, 2019 02:01 ET (06:01 GMT)
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