TIDMTRIN

RNS Number : 8783U

Trinity Exploration & Production

07 December 2021

Trinity Exploration & Production plc

("Trinity" or 'the Group' or "the Company")

Director / PDMR Dealings

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, announces that today, 7 December 2021, Jeremy Bridglalsingh, Chief Executive Officer, purchased 5,000 shares in the Company at a price of GBP1.32 per share.

Following this transaction, Mr Bridglalsingh is interested in 52,836 Ordinary shares in the Company representing 0.135% per cent of the issued share capital (voting rights), of the Company as per the following table:

 
1    Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                                           Jeremy Bridglalsingh 
2    Reason for the notification 
a)   Position/status                                                Chief Executive Officer 
b)   Initial notification /Amendment                                Initial 
3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
      or auction monitor 
a)   Name                                                           Trinity Exploration & Production plc 
b)   Legal Entity Identifier                                        213800WHW7571LAEDG63 
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 USD 0.01 per share par value 
      Identification code                                            GB00B8JG4R91 
b)   Nature of the transaction                                      Purchase 
c)   Currency                                                       GBP 
d)   Price(s) and volume(s)                                         Price(s)                   Volume(s) 
  GBP1.32                                                                                      5,000 
e)   Aggregated information                                          5,000 
      - Aggregated volume                                             GBP6,600 
      - Aggregated price                                              GBP6,600 
      - Aggregated total 
f)   Date of the transaction                                        07.12.2021 
g)   Place of the transaction                                       London Stock Exchange, AIM

Enquiries

 
 Trinity Exploration & Production plc 
  Jeremy Bridglalsingh, Chief Executive 
  Officer 
  Tracy Mackenzie, Corporate Development 
  Manager                                      +44 (0)131 240 3860 
 
 SPARK Advisory Partners Limited (Nominated 
  Adviser and Financial Adviser) 
  Mark Brady 
  James Keeshan                                +44 (0)20 3368 3550 
 Cenkos Securities PLC (Broker) 
  Leif Powis                                    +44 (0)20 7397 8900 
  Neil McDonald                                  +44 (0)131 220 6939 
 Walbrook PR Limited                           +44 (0)20 7933 8780 
  Nick Rome/Nicholas Johnson                    trinityexploration@walbrookpr.com 
 
   About   Trinity (   www.trinityexploration.com  )

Trinity is an independent oil production company focused solely on Trinidad and Tobago. Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth. The Company operates all of its nine licences and, across all of the Group's assets, management's estimate of the Group's 2P reserves as at the end of 2020 was 19.55 mmbbls. Group 2C contingent resources are estimated to be 31.06 mmbbls. The Group's overall 2P plus 2C volumes are therefore 50.61 mmbbls.

Trinity is quoted on the AIM market of the London Stock Exchange under the ticker TRIN.

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END

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December 07, 2021 11:05 ET (16:05 GMT)

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