Zenith Energy Ltd Director/PDMR Shareholding (2104A)
31 Enero 2022 - 10:51AM
UK Regulatory
TIDMZEN
RNS Number : 2104A
Zenith Energy Ltd
31 January 2022
January 31, 2022
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Director/ PDMR Shareholding
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE:
ZENA), the listed international energy production and development
company, is pleased to announce that its Chief Executive Officer,
Mr. Andrea Cattaneo, has notified the Company that he has today
purchased a total of 39,029,728 common shares of no par value
("Common Shares") in the capital of the Company at a price of
GBP0.0825 per Common Share (equivalent to approximately NOK
0.10).
Following the dealing, Mr. Cattaneo is directly beneficially
interested in a total of 102,468,240 common shares in the capital
of the Company, representing 5.47 percent of the total issued and
outstanding common share capital of the Company.
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 as it forms part of
UK domestic law by virtue of the European Union (Withdrawal) Act
2018 ("MAR"). Upon the publication of this announcement via a
Regulatory Information Service ("RIS"), this inside information is
now considered to be in the public domain.
Further Information:
Zenith Energy Ltd Tel: +1 (587) 315 9031
Andrea Cattaneo, Chief Executive E: info@zenithenergy.ca
Officer
Allenby Capital Limited - Financial Tel: + 44 (0) 203 328 5656
Adviser & Broker
Nick Harriss
Nick Athanas
------------------------------
Celicourt Communications (Financial Tel: +44 (0) 208 434 2643
PR) E: zenithenergy@celicourt.uk
Mark Antelme
Jimmy Lea
------------------------------
Notes to Editors :
Zenith Energy Ltd. is an international oil and gas production
company, listed on the London Stock Exchange (LSE:ZEN) and the
Euronext Growth Market of the Oslo Stock Exchange (OSE:ZENA).
Zenith's development strategy is to identify and rapidly
complete value-accretive hydrocarbon production opportunities in
the oil & gas sector, specifically in Africa.
Follow us on LinkedIn:
https://www.linkedin.com/company/zenith-energy-limited/
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 Andrea Cattaneo
-------------------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------
a) Position/status Chief Executive Officer & President
-------------------------------------- ---------------------------------------
b) Initial notification/Amendment Initial Notification
-------------------------------------- ---------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------
a) Name Zenith Energy Ltd.
-------------------------------------- ---------------------------------------
b) LEI 213800AYTYOYD61S4569
-------------------------------------- ---------------------------------------
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, Common Shares of No Par Value
type of instrument
-------------------------------------- ---------------------------------------
Identification code CA98936C1068
-------------------------------------- ---------------------------------------
b) Nature of the transaction Purchase of Common Shares
-------------------------------------- ---------------------------------------
c) Price(s) and volumes(s) Price(s) Volume(s)
-------------------------------------- ------------------- ------------------
GBP0.0825 39,029,728
--------------------------------------------------------------- ------------------
d) Date of the transaction(s) January 31, 2022
-------------------------------------- ---------------------------------------
e) Place of the transaction Off Market
-------------------------------------- ---------------------------------------
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END
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January 31, 2022 11:51 ET (16:51 GMT)
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