Director/PDMR Shareholding

26th June 2020

This announcement contains inside information as defined under the Market Abuse Regulations n. 596/2014

Cadogan Petroleum Plc
("Cadogan" or the "Company")

CEO Dealings – Market Share Purchase

Cadogan Petroleum plc (“Cadogan” or the “Company”) today announces that its CEO, Mr Fady Khallouf, has purchased on 23 June 2020, 192,031 Ordinary shares of £0.03 each, in the capital of the Company, on the London Stock Exchange at a price of £0.026 each.

Following this purchase Mr Fady Khallouf holds shares representing 3.25 % of the Company.

About

Cadogan is an independent, diversified oil and gas company, which operates exploration and production licenses in Western Ukraine, conducts gas trading operations, and provides services to E&P companies.

For further information, please contact:

Cadogan Petroleum plc
Fady Khallouf        Chief Executive Officer   fady.khallouf@cadoganpetroleum.com
Ben Harber         Company Secretary   +44 0207 264 4366

Cantor Fitzgerald Europe    Broker to Cadogan Petroleum plc
David Porter           +44 (0) 20 7894 7000

Appendix

The notification detailed above and summarised in the table below is made in accordance with the requirements of the EU Market Abuse Regulations as follows:

Fady Khallouf, CEO purchased 192,031 shares at £0.026 per share on 23 June 2020.

1. Details of PDMR/ person closely associated with them (‘PCA’)
a) Name Fady Khallouf
2. Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification / Amendment Initial notification of purchase of shares
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)  Name Cadogan Petroleum plc
b) LEI 213800JIBKL29FAK1213
 
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
Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 3 pence each



GB00B12WC938
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume(s) Price(s)  Volume(s)

£0.026  192,031
 
d) Aggregated information

192,031

£0.026
e) Date of the transaction 23 June 2020
f) Place of the transaction XLON
UK 100