Southern Energy Corp. Director Share Purchase (3035Z)
24 Enero 2022 - 01:00AM
UK Regulatory
TIDMSOUC
RNS Number : 3035Z
Southern Energy Corp.
24 January 2022
SOUTHERN ENERGY CORP. ANNOUNCES
DIRECTOR SHARE PURCHASE
Calgary, Alberta - January 24, 2022 - Southern Energy Corp.
("Southern" or the "Company") (SOU: TSXV) (AIM:SOUC) announces the
following purchases of Company common shares. The notification
below, made in accordance with the requirements of the EU Market
Abuse Regulation, provides further detail on the applicable
transaction.
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Steven Smith
-------------------------- ----------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
a) Position/status Director
-------------------------- ----------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- ----------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Southern Energy Corp.
-------------------------- ----------------------------------------------
b) LEI 213800R25GL7J3EBJ698
-------------------------- ----------------------------------------------
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 Common shares in Southern Energy Corp.
financial instrument,
type of instrument
Identification code CA8428133059
b) Nature of the transaction Purchase of common shares on the open market
-------------------------- ----------------------------------------------
c) Price(s) and volume(s) 200,000 common shares at a price of CAD0.4088
d) Aggregated information N/A
e) Date of the transaction 18 January 2022
-------------------------- ----------------------------------------------
f) Place of the transaction Toronto Stock Exchange
-------------------------- ----------------------------------------------
For further information, please contact :
Southern Energy Corp.
Ian Atkinson (President and CEO) +1 587 287 5401
Calvin Yau (VP Finance and CFO) +1 587 287 5402
+44 (0) 20 7409
Strand Hanson Limited - Nominated & Financial 3494
Adviser
James Spinney / James Bellman
+44 (0) 20 7907
Hannam & Partners - Joint Broker 8500
Samuel Merlin / Ernest Bell
Canaccord Genuity - Joint Broker +44 (0) 20 7523
Henry Fitzgerald-O'Connor / James Asensio 8000
Camarco +44 (0) 20 3757
James Crothers, Billy Clegg, Daniel Sherwen 4980
About Southern Energy Corp.
Southern Energy Corp. is a natural gas exploration and
production company. Southern has a primary focus on acquiring and
developing conventional natural gas and light oil resources in the
southeast Gulf States of Mississippi, Louisiana, and East Texas.
Our management team has a long and successful history working
together and have created significant shareholder value through
accretive acquisitions, optimization of existing oil and natural
gas fields and the utilization of re-development strategies
utilizing horizontal drilling and multi-staged fracture completion
techniques.
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END
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