TIDMPXEN

RNS Number : 2978N

Prospex Energy PLC

29 September 2021

Prospex Energy Plc / Index: AIM / Epic: PXEN / Sector: Oil and Gas

29 September 2021

Prospex Energy Plc

('Prospex' or the 'Company')

Director/PDMR Notification

Prospex Energy Plc, the AIM quoted investment company focused on European gas and power projects, announces that Alasdair Buchanan, a Non-Executive Director of the Company, purchased 1,000,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") on 28 September 2021 at a price of 3.94 pence per Ordinary Share.

Following the above-mentioned purchase, Mr Buchanan is interested in 2,000,000 Ordinary Shares, representing approximately 1.21 per cent. of the Company's issued share capital admitted to AIM on today's date.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

* * ENDS * *

   For further information visit www.prospex.energy   or contact the following: 
 
Mark Routh          Prospex Energy Plc          Tel: +44 (0) 20 7236 
                                                 1177 
Rory Murphy         Strand Hanson Limited       Tel: +44 (0) 20 7409 
 Ritchie Balmer                                  3494 
Colin Rowbury       Novum Securities Limited    Tel: +44 (0) 20 7399 
 Jon Belliss                                     9427 
Duncan Vasey        Peterhouse Capital Limited  Tel: +44 (0) 20 7469 
                                                 0932 
Susie Geliher       St Brides Partners Ltd      Tel: +44 (0) 20 7236 
 Catherine Leftley                               1177

PDMR Notification

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Alasdair Buchanan 
     --------------------------------  ------------------------------------- 
 2.   Reason for the Notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                   Director 
     --------------------------------  ------------------------------------- 
 b)   Initial notification/amendment    Initial notification 
     --------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                              Prospex Energy Plc 
     --------------------------------  ------------------------------------- 
 b)   LEI                               213800NY9RH8O1B72D27 
     --------------------------------  ------------------------------------- 
 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      Ordinary shares of 0.1p each in the 
       instrument, type of instrument    share capital of the Prospex Energy 
                                         plc 
     --------------------------------  ------------------------------------- 
      Identification code               GB00BMFZVZ53 
     --------------------------------  ------------------------------------- 
 b)   Nature of the Transaction         Purchase of Ordinary Shares 
     --------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)      Volume(s) 
                                          3.94 pence    1,000,000 
                                                       ---------- 
     --------------------------------  ------------------------------------- 
 d)   Aggregated information            1,000,000 
       Aggregated volume Price           3.94 pence 
     --------------------------------  ------------------------------------- 
 e)   Date of the transaction           28 September 2021 
     --------------------------------  ------------------------------------- 
 f)   Place of the transaction          AIM 
     --------------------------------  -------------------------------------

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END

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September 29, 2021 02:00 ET (06:00 GMT)

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