Predator Oil & Gas Holdings PLC Director's dealings (8949F)
21 Julio 2021 - 1:00AM
UK Regulatory
TIDMPRD
RNS Number : 8949F
Predator Oil & Gas Holdings PLC
21 July 2021
Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD /
Sector: Oil & Gas
Predator Oil & Gas Holdings Plc
("Predator" or the "Company" and together with its subsidiaries
"the Group")
Director's dealings
Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil
and Gas Company with operations in Trinidad, Morocco and Ireland,
announces that Ron Pilbeam, Project Development Director, has sold
a total of 5,085,794 ordinary shares in the Company ("Ordinary
Shares").
Following these dealings, the details of which are set out
below, Ron Pilbeam is interested in 2,500,000 Ordinary Shares,
representing 0.936 per cent. of the Company's issued share
capital.
Enquiries:
Predator Oil & Gas Holdings Plc Tel: +44 (0) 1534 834 600
Dr. Stephen Staley Non-executive Chairman Info@predatoroilandgas.com
Paul Griffiths Chief Executive Officer
Novum Securities Limited Tel: +44 (0) 207 399 9425
Jon Belliss Tel: +44 (0) 203 137 1902
Optiva Securities Limited
Christian Dennis
Flagstaff Strategic and Investor Communications Tel: +44 (0) 207 129 1474
Tim Thompson predator@flagstaffcomms.com
Mark Edwards
Fergus Mellon
Notes to Editors:
Predator is an oil and gas exploration company participating
with FRAM Exploration Trinidad Ltd. in further developing the
remaining oil reserves and sequestrating anthropogenic carbon
dioxide in the producing Inniss Trinity oil field onshore Trinidad,
primarily through the application of C02 EOR technology. Potential
for cash flow exists by pursuing Enhanced Oil Recovery using
locally sourced liquid carbon dioxide for injection into and
storage within the oil reservoirs ("C02 EOR"). Near-term expansion
and production growth potential is focussed on upscaling the C02
EOR operations in the Inniss-Trinity oil field, subject to all
necessary approvals.
Predator is operator of the Guercif Petroleum Agreement onshore
Morocco which is prospective for Tertiary gas in prospects less
than 10 kilometres from the Maghreb gas pipeline. The MOU-1 well
has been safely and successfully completed and a follow-up drilling
programme is under review.
In addition, Predator also owns and operates exploration and
appraisal assets in licensing options offshore Ireland, for which
Successor Authorisations have been applied for, adjoining
Vermilion's Corrib gas field in the Slyne Basin on the Atlantic
Margin and east of the Kinsale gas field and Barryroe oil field in
the Celtic Sea.
The Company has a highly experienced management team with a
proven track record in the oil and gas industry.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1. Details of PDMR / person closely associated with them ('PCA')
a) Name Ron Pilbeam
-------------------------- ----------------------------------------------
2. Details of PDMR / person closely associated with them ('PCA')
--------------------------------------------------------------------------
a) Position / status Project Development Director
-------------------------- ----------------------------------------------
b) Initial notification Initial notification
/ amendment
-------------------------- ----------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Predator Oil & Gas Holdings Plc
---------------------------- --------------------------------------------
b) LEI 213800L7QXFURBFLDS54
---------------------------- --------------------------------------------
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
--------------------------------------------------------------------------
c) Description Ordinary shares of no par value each
of the financial ISIN: JE00BFZ1D698
instrument
-------------------------- ----------------------------------------------
d) Nature of the Sale of shares
transaction
-------------------------- ----------------------------------------------
e) Price(s) and Price(s) Volume(s)
volume(s) 1. GBP0.0721 849,980
2. GBP0.0667 1,465,561
3. GBP0.0640 1,395,253
4. GBP0.0630 1,375,000
-------------------------- ----------------------------------------------
f) Aggregated information See above.
Aggregated volume
Price
-------------------------- ----------------------------------------------
g) Date of the 1. 13th July 2021
transaction 2. 14th July 2021
3. 15th July 2021
4. 16th July 2021
-------------------------- ----------------------------------------------
h) Place of the Standard List segment of the Official List
transaction
-------------------------- ----------------------------------------------
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END
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