CLNR Cluff Natural Resources Plc

TIDMDELT

RNS Number : 5025Y

Deltic Energy PLC

05 May 2023

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources

5 May 2023

Deltic Energy Plc ("Deltic" or "the Company")

PDMR/Director Dealings

Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, announces that it was notified on 4 May 2023 that Peter Nicol, a Non-Executive Director of the Company, purchased 1,000,000 ordinary shares of 0.5 p each ("Ordinary Shares") into his ISA at a price of 1.79 per Ordinary Share.

Additionally, the Company was notified on 4 May 2023 that Sarah McLeod, Deltic's Chief Financial Officer and a person discharging managerial responsibility transferred 282,581 Ordinary Shares to her individual ISA account. There has been no significant change to the number of Ordinary Shares beneficially held by Sarah McLeod as a result of these transfers.

Details of these share transactions are shown below.

 
 Director/Senior    Role                         Number of          Number of          Resultant 
  manager                                      Ordinary Shares    Ordinary Shares       number of 
                                                    sold             purchased       Ordinary Shares 
                                                                                          held 
 Peter Nicol        Non-Executive Director    -                  1,000,000          3,000,000 
                   ------------------------  -----------------  -----------------  ----------------- 
                    Chief Financial 
 Sarah McLeod        Officer                  285,714            282,581            862,523 
                   ------------------------  -----------------  -----------------  ----------------- 
 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 
 1.   Details of PDMR / person closely associated with them ('PCA') 
 a)   Name                         Peter Nicol 
     ---------------------------  ------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position / status            Non-Executive Director 
     ---------------------------  ------------------------------------ 
 b)   Initial notification         Initial notification 
       / amendment 
     ---------------------------  ------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                         Deltic Energy Plc 
     ---------------------------  ------------------------------------ 
 b)   LEI                          213800TS8K1D27AFP275 
     ---------------------------  ------------------------------------ 
 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               Ordinary Shares of 0.5p 
       the financial                ISIN: GB00B6SYKF01 
       instrument, type 
       of financial instrument 
       Identification 
       Code 
     ---------------------------  ------------------------------------ 
 b)   Nature of the                Purchase of Ordinary Shares into 
       transaction                  ISA account 
     ---------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)     Volume(s) 
                                     1.79 pence   1,000,000 Ordinary 
                                                   Shares purchased 
                                                 ------------------- 
     ---------------------------  ------------------------------------ 
 d)   Aggregated information 
       Aggregated volume             N/A 
       Price 
     ---------------------------  ------------------------------------ 
 e)   Date of the transaction      4 May 2023 
     ---------------------------  ------------------------------------ 
 f)   Place of the transaction     London Stock Exchange (AIMX) 
     ---------------------------  ------------------------------------ 
 
 
 1.   Details of PDMR / person closely associated with them ('PCA') 
 a)   Name                       Sarah McLeod 
     -------------------------  -------------------------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position / status          Chief Financial Officer 
     -------------------------  -------------------------------------------------- 
 b)   Initial notification       Initial notification 
       / amendment 
     -------------------------  -------------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                       Deltic Energy Plc 
     -------------------------  -------------------------------------------------- 
 b)   LEI                        213800TS8K1D27AFP275 
     -------------------------  -------------------------------------------------- 
 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             Ordinary Shares of 0.5p 
       the financial              ISIN: GB00B6SYKF01 
       instrument, type 
       of financial instrument 
       Identification 
       Code 
     -------------------------  -------------------------------------------------- 
 b)   Nature of the              1. Sale of Ordinary Shares from share 
       transaction                dealing account 
                                  2. Purchase of Ordinary Shares into 
                                  ISA account 
     -------------------------  -------------------------------------------------- 
 c)   Price(s) and volume(s)      Price(s)     Volume(s) 
                                   1. 1.69      285,714 Ordinary 
                                    pence        Shares sold 
                                    sold 
                                               ------------------ 
                                   2. 1.71      282,581 Ordinary 
                                    pence        Shares purchased 
                                    purchased 
                                               ------------------ 
     -------------------------  -------------------------------------------------- 
 d)   Aggregated information      Price(s)     Volume(s)           Total 
       Aggregated volume           1. 1.6913    285,714 Ordinary    1. GBP4,832.14 
       Price                        pence        Shares sold         sold 
                                    sold 
                                               ------------------  --------------- 
                                   2. 1.71      282,581 Ordinary    2. GBP4,832.14 
                                    pence        Shares purchased    purchased 
                                    purchased 
                                               ------------------  --------------- 
     -------------------------  -------------------------------------------------- 
 e)   Date of the transaction    4 May 2023 
     -------------------------  -------------------------------------------------- 
 f)   Place of the transaction   London Stock Exchange (AIMX) 
     -------------------------  -------------------------------------------------- 
 

**S**

For further information please contact the following:

 
 Deltic Energy Plc                                 Tel: +44 (0) 20 7887 
                                                    2630 
 Graham Swindells / Andrew Nunn / Sarah McLeod 
 
   Allenby Capital Limited (Nominated Adviser)        Tel: +44 (0) 20 3328 
                                                      5656 
 David Hart / Alex Brearley (Corporate Finance) 
 
   Stifel Nicolaus Europe Limited (Joint Broker)      Tel: +44 (0) 20 7710 
                                                      7600 
 Callum Stewart / Simon Mensley / Ashton 
  Clanfield 
 
   Canaccord Genuity Limited (Joint Broker)           Tel: +44 (0) 20 7523 
   Adam James / Gordon Hamilton                       8000 
 Vigo Consulting (IR Adviser)                      Tel: +44 (0) 20 7390 
                                                    0230 
 Patrick d'Ancona / Finlay Thomson / Kendall 
  Hill 
 

About Deltic Energy Plc

Deltic has created a strategically located portfolio of high-quality gas exploration licences in the Southern North Sea over a number of licensing rounds. These licences are located in areas that have been underexplored despite significant discoveries such as Tolmount, Breagh, Pegasus and Cygnus, most of which have gone on to be developed and could provide ready access to export infrastructure for any future developments on Deltic's licence acreage.

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May 05, 2023 02:00 ET (06:00 GMT)