Director/PDMR Shareholding

20^th May 2021

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 18 May 2021 and 19 May 2021, a total of 1,088,424 ordinary shares of £0.03 each, in the capital of the Company, on the London Stock Exchange at a price of £0.042 each.

Following this purchase Mr Fady Khallouf holds in total 9,425,455 shares representing 3.86 % 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   [e-mail]
Ben Harber   Company Secretary   [phone]

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 988,424 shares at £0.042 per share on 18 May 2021 and 100,000 shares at £0.042 per share on 19 May 2021.

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) £0.042   988,424 £0.042  100,000
	Aggregated information - Aggregated volume -  Price	1,088,424 £0.042
e)	Date of the transaction	18 May 2021 and 19 May 2021
f)	Place of the transaction	XLON